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Just Group communications director Stephen Lowe
The money purchase annual allowance (MPAA) is worth £8,480 a year less in real terms than in 2015 when it was first introduced, analysis by Just Group finds.
The firm said adjusted for rising prices, the MPAA "should have reached £12,480", but was cut and frozen at £4,000, "subjecting thousands more pensions savers each year to onerous rules". The MP...
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