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Make the most of your tax free lump sum
Make the most of your tax free lump sum
27 Jul 2005 United Kingdom Taxation, Pension Reform
Research from the Bank of Scotland Investment Service shows that nearly half of people surveyed are not planning to take a tax-free cash lump sum from their pension fund on retirement. Of those who are planning to take the cash free lump sum the most popular plans for the money include a special holiday, investing it and paying off debts.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

533021FB   Click here to contact the authors.

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