MPAA damaging plans for pandemic retirees - report
- Tuesday, 24 August 2021
- Articles
The Money Purchase Annual Allowance (MPAA) poses hidden risk to over 55s who have accessed their pension early due to the Coronavirus pandemic, according to a new report.
Read more...Over-50s' pension dreams damaged by pandemic
- Friday, 09 July 2021
- Articles
Over half of over-50s fear they will run out of money in retirement due to the impact of the pandemic on their income and their ability to save, a new survey has revealed.
Read more...1.6m pension savers hit by MPAA trap
- Wednesday, 24 March 2021
- Articles
More than 1,000 pension savers were hit every working day in 2020 by the Money Purchase Annual Allowance (MPAA), according to new analysis.
Read more...1 in 10 dipping into pensions early due to virus
- Thursday, 30 April 2020
- Articles
New research suggests that 1 in 10 over-55s (11%) have either accessed their pension early or plan to do so due to the Coronavirus outbreak.
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