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How Does the UK Pension Drawdown Work?

Merryn Talks Money

CHAPTER

Navigating Pension Drawdown in the UK

This chapter explores the complexities of pension drawdown in the UK, focusing on retirement options like tax-free lump sums and the strategic choices individuals face. It emphasizes the importance of understanding the implications of these choices, including inheritance tax and investment strategies during the decumulation phase of retirement.

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