George Osborne to cut 55% pension ‘death tax’

Pensioners will be able to leave more of their money to the next generation from next April, George Osborne is to announce at the Tory conference. The chancellor will abolish a 55% tax that currently applies to untouched “defined contribution” pension pots left by those aged 75 or over, and to pe…

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George Osborne to cut 55% pension ‘death tax’

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