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AJ Bell's Tom Selby
A quarter of pension savers over 55 are at risk of triggering the money purchase annual allowance (MPAA) as AJ Bell calls for an increase of the allowance from £4,000 to £10,000.
In a letter from HM Treasury economic secretary Andrew Griffith to AJ Bell head of retirement policy Tom Selby, the government said it estimates that 25% of occupational defined contribution pensio...
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