MINIMUM PENSION AGE TO CHANGE
Pubslihed: 12/06/2009
The Normal Minimum Pension Age (NMPA) is the lowest age at which a registered (tax-approved) pension scheme can normally allow a member to take pension benefits without incurring tax penalties. Prior to 6th April 2010 the NMPA is 50; on 6th April 2010 it jumps to 55.
It is crucial that those currently aged 50 to 54 who are thinking about retirement act now as they have less than one year to do something about it or else they will have to wait until they are 55.
If you would like to discuss your situation with any of our advisers please contact us on 0800 018 6020.
