Specialist Tax News

Normal Minimum Pension Age to Rise to 55 From April 2010

As part of the pension reforms announced by the Government in 2003, the normal minimum pension age will rise from 50 to 55 from 6 April 2010.

After that date, people will normally only be allowed to start receiving their pension payments from an occupational or personal pension scheme whether they are 55 or older. There are certain exceptions, for example, ill health.

Please contact us if you want to talk about your retirement.

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