GMP equalisation could land DB members with six figure tax bill

Holly Roach
clock • 2 min read

More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.

The FOI reply supplied to Royal London shows that ‘fixed protection' for thousands of savers could be invalidated if they see an increase in their defined benefit (DB) pension rights following the ...

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