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HMRC drawdown change helps avoid huge drops in income

HMRC drawdown change helps avoid huge drops in income

HM Revenue & Customs (HMRC) has changed the rules over the transfer of capped drawdown plans in a move that will see some investors avoid drops of up to 55% of their income. Please link to New Model Adviser to read the full article. "Citywire information is proprietary and confidential to Citywire Financial Publishers Limited ( "Citywire"), may not be copied and Citywire excludes any liability arising from its use".

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