Elder calls on Chancellor to dispel pension rumors before Autumn Budget

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Leading UK care home platform, Elder, is calling on Chancellor Rachel Reeves to provide clarity on potential tax-free pension changes ahead of the upcoming Autumn Budget. Speculation from media and analysts suggests that changes could be made to the 25% tax-free Pension Commencement Lump Sum (PCLS), causing an increase in pension withdrawals and anxiety for taxpayers. According to the Financial…

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