Use this '£1 trick' to dodge unnecessary pension tax - Telegraph.co.uk

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Telegraph.co.ukUse this '£1 trick' to dodge unnecessary pension taxTelegraph.co.ukSavers are being forced to resort to a “£1 trick” to make sure they don't get stung by emergency tax levied by HMRC on their pension savings. Because of a quirk of the tax system, if you take a lump sum from your pension the tax man assumes this amount ...

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