One in ten retiring this year expect whole pot to be tax-free

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People retiring after April do not understand the tax implications of ‘freedom and choice' with one in ten believing they can access their whole pot tax-free, research finds.

Fidelity's Class of 2015 study found that more than two out of five people retiring between April 2015 and March 2016 (42%) did not know the threshold at which pension lump sums are taxed. It fo...

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