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One possible alteration was thought to be tax-free cash drawdowns, but the chancellor may have turned to salary sacrifice schemes
Rumours about what Rachel Reeves may, or may not, do to pensions in the budget continue to swirl.
One much-debated possible change – cutting the amount of tax-free cash that people can take from their pensions – is said by some to be off the table, but reports have emerged that the chancellor has “salary sacrifice” pension schemes in her sights.
Source: www.theguardian.com
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