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Sep 17, 2021
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Pension age is changing – ‘Real risk’ HMRC will ‘clobber’ Britons with 55% charges

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CHANGES to the normal minimum pension age are creating a ‘real risk’ of confusion among Britons, as mistakes could lead to savers being ‘clobbered’ by a 55 percent charge from HMRC. The Treasury plans to allow some people to retain a pension age of 55 while others move to 57, risking creating a “hot mess” of complexity and confusion for savers, commentators have suggested.
Daily Express :: Finance Feed

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