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Telegraph

Pensions industry struggles with lump sum stampede amid fears over tax raid

Telegraph
Summary
Nutrition label

66% Informative

Standard Life , AJ Bell and Royal London among pension giants receiving surge in inquiries.

Comes as Chancellor faces calls to limit the amount of tax-free cash that savers can withdraw.

Current rules allow savers aged 55 and over to withdraw 25pc of any pension in tax free lump sum.

Institute for Fiscal Studies urged Ms Reeves to reduce the maximum to 100,000 .

VR Score

72

Informative language

74

Neutral language

28

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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