Changes to Normal Minimum Pension Age: HMRC guidance


Normal minimum pension age (NMPA) is the earliest age at which a member’s pension benefits can be taken under a registered pension scheme without higher tax charges applying. In general, NMPA will increase from age 50 to 55 from 6 April 2010.

Owing to uncertainties surrounding the actual cut-off point for taking advantage of the current NMPA of 50 for those without a protected pension age, HMRC has published a newsletter which addresses some practical considerations.

Please click here to read more.