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Two weeks to go and still waiting for details on ‘new’ super tax (opens original article in a new tab)

TL;DR

Two weeks before new super tax implementation, government lacks clarity on its application to defined benefit pensions, causing frustration among advisers and clients.

  • More than three years after announcement, new super tax details unclear for defined benefit pensions
  • Government has not explained how tax applies to retired MPs and public servants
  • Financial advisers and clients are frustrated by lack of information from CSC

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