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In Brief: The importance of understanding tax-free pension withdrawals
Tuesday, 19 September 2023
Many over 55s are unaware that they can access 25% of their pension pot tax-free
A surprising 43% of individuals over 55 need to be made aware that they can withdraw 25% of their pension pot tax-free, according to recent research[1]. Knowledge could lead to better decision-making when it comes to accessing pension savings.
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