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Dropped flexi-access fines for not notifying all pensions
jamesd
Posts: 26,103 Forumite
The fines for not informing the provider of every pension you've got money with that you have started flexi-access drawdown have been dropped (detailed amendments). There's still a requirement to notify but now it's only those you pay into now or in the future that have to be notified and the time has been increased from 31 days to 91.
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