Savers will be able to access £1,500 tax-free for pension advice
Posted by mostafa on 7 February, 2017
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This item was filled under Tax
A new pension advice allowance will be introduced from April 2017. First announced in last year’s autumn statement, it will enable people to withdraw £500 up to three times from their pension pots tax-free to put towards the cost of pensions and retirement advice.
The economic secretary to the Treasury, Simon Kirby, confirmed …