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Some taking ‘too much’ from pension containers, ABI warns – News

But simultaneously 3,379 people required out greater than 10% using their pensions.

Within the twelve month, there have been 300,000 lump sum payment withdrawals from pension containers, averaging £14,500 each, based on the ABI.

Since that time, anybody older than 55 continues to be liberated to withdraw around that they like using their pension containers, susceptible to tax.

Pensions: Would you exhaust money before you decide to die?

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