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Looks as this is going to end not long after its begun.


George Osborne is planning to abolish the tax-free lump sum on retirement incomes in a bid to raise £4 billion in lost revenue, according to a former pensions minister.
Steve Webb, who worked with the Chancellor on pension strategy in the coalition government, says the Treasury is plotting a "tax bombshell" that will hit hundreds of thousands of people.

Mr Webb says the current perk allowing people to access 25 per cent of their pension pots tax-free in a single lump sum when they reach 55 is "heading for extinction" in the budget next month.

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says Edward Mellor's latest email

Auction December 8th


That sounds like financial advice. Is that comment legal?

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See that the annual take out is around the same amount as the personal tax allowance, rising in line with inflation.....

Say one household.....all earning ~£10k pa........

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