Disappointment over Govt pushing ahead with MPAA cut

The government has introduce a second finance bill today which will reinstate many of the changes dropped before the general election including the controversial cut to the Money Purchase Annual Allowance.

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Freedoms need ‘flashing warning lights’ after MPAA cut

The freedom to withdraw pension funds from 55 needs to be accompanied by flashing warning lights, a pensions firm director says, after the cut to the Money Purchase Annual Allowance was sealed.

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4 in 10 advisers will apply MPAA cut early

A survey of financial advisers has found that nearly four in 10 (39%) will take a cautious approach to the MPAA cut deferral and advise clients to avoid contributing more than £4,000.

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Clients and advisers 'in limbo again' as MPAA cut on ice

The Government has this morning effectively put on ice the planned cuts to the Money Purchase Annual Allowance.

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