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Pension freedoms age set to rise

Pension freedoms age set to rise

The UK government has confirmed that savers will be able to access their pensions at age 57, rather than the current 55.The change, however, will not take place until 2028, which gives people time to plan accordingly.

The government started working towards the increase to the pension freedoms access age six years ago. Please link to International Adviser to read the full article by Cristian Angeloni.

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