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Daily Archives: September 7, 2020

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Minimum pension age set to rise to 57 from 2028

Westerby NewsBy Westerby GroupSeptember 7, 2020

At present an individual can normally access their money purchase/defined contribution pension funds from age 55, other than due to ill health or where they have a protected right to access the funds before reaching that age. In 2014 the Chancellor announced that the Government intended to increase the minimum age for accessing pension funds…

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