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Cousins dodge pension tax trap and receive apology from Fidelity

Firm wrongly told grandchildren they had triggered a little-known tax rule  This would have drastically limited their ability to save up their own pensions The cousins, aged in their late teens and early 20s, had inherited £1,300 each The MPAA is meant to prevent people recycling pensions for tax advantage  How does the rule work? Find out below  Fidelity admits to error in this case: Read its full statement below 

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