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Pensions, deprivation and the cost of living crisis
Pensions and the cost of living crisis
There’s some discussion, in the pensions area, about taking pension savings early to help with the cost of living crisis. The DWP have warned that could be seen as deprivation. I’ve looked in a new blog post at that and also at the odd effect of the notional income rules which means that as inflation rises, benefit for many older people inevitably actually reduces. https://lnkd.in/dqsnfW2