June 20, 2025
Tangible Assets

Thousands urged to ‘withdraw’ pension cash after new HMRC rule change

The rule change has prompted many savers to reconsider their withdrawal strategies. Under current rules, once people hit the age of 55, they’re entitled to take out 25 per cent of their pot tax-free Many people over the age of 55 chose to withdraw money from their pensions(Image: Kinga Krzeminska via Getty Images) Amidst rising

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