Editor’s Comment: The crazy world of pension withdrawal

 

I would vouch that the UK has some of the most complex retirement savings options in the world, with a myriad of choices and options - and of course risks.

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HMRC ‘out of control’ on income withdrawal tax

Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.

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