Pension warning issued to people aged 55 and 56 ahead of major rule change

Pension warning issued to people aged 55 and 56 ahead of major rule change

Pension experts are now calling for more clarity over what will happen.Andy Burnham outlines proposed changes to pensions Triple LockPeople aged 55 and 56 are being warned about a major pension rule change that could affect when they can get their hands on their retirement savings. At the moment, most people can start taking money from a workplace or personal pension from age 55 without incurring additional tax charges for accessing it too early.

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Reported by express.co.uk.

Read Original Report at express.co.uk ↗
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