retrying withdrawals: Aston uneconomical

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retrying withdrawals: Aston uneconomical All withdrawals will be taxed at the 20 per cent basic rate. government regulations recognise that it is uneconomical to provide an annuity for small funds and allow them to be taken in cash.

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All withdrawals will be taxed at the 20 per cent basic rate. Government regulations recognise that it is uneconomical to provide an annuity for small funds and allow them to be taken in cash.

retrying withdrawals: Aston uneconomical Thousands risk a poorer retirement by sticking pension pots in cash funds – but are there better ways to invest cautiously? – This effectively makes paying into a pension above the lifetime allowance uneconomical, as any investment growth above that is heavily penalised, so you might prefer to shift.

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This effectively makes paying into a pension above the lifetime allowance uneconomical, as any benefits built up are heavily penalised. Former pensions minister steve webb is This Is Money’s Agony.