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Offer from Morrisons Pension
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Is there any situation this could trigger the MPAA
As I understand it, if the WULS is from a DB scheme, while it will be taxed as 25% tax free and the balance taxed as income, taking such income from a DB scheme does not trigger MPAA.
If the WULS is from a Money Purchase Scheme, there are circumstances where MPAA would be be triggered.
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Thank you all for your helpful comments.1
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