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UK state pensioners may lose up to £63,000 over ten years by withdrawing funds before potential tax changes, warns AJ Bell, while Reform UK pushes for pension system overhaul.
State pensioners could lose up to £63,000 over ten years by withdrawing pension funds ahead of potential tax changes, according to AJ Bell, which warns panic withdrawals undermine long-term retirement security.
Meanwhile, Reform UK’s Richard Tice is pushing for a shift from defined benefit to defined contribution pensions for new public-sector workers, citing £30–50 billion in annual liabilities, and advocating broader economic reforms akin to the 1980s Big Bang, including greater scrutiny of the Bank of England.
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Los pensionistas estatales del Reino Unido pueden perder hasta 63.000 libras esterlinas en diez años retirando fondos antes de los posibles cambios impositivos, advierte AJ Bell, mientras que Reform UK presiona por una reforma del sistema de pensiones.