Pension plans ‘more uncertain than ever’ – savers risk tax costs with 'flexible' drawdowns

Pension plans ‘more uncertain than ever’ – savers risk tax costs with 'flexible' drawdowns

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PENSION withdrawals can be made flexibly in what is often referred to as “flexi access drawdown”. According to official figures released by HMRC, flexible withdrawals have decreased in recent months with additional analysis showing retirees may not be fully up to speed on the pension tax implications.



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