Why RBA doesn’t want you accessing pension before 50

The pensions sector regulator has moved to block access to benefits before reaching the age of 50.

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What does the Retirement Benefits Authority (RBA) want?

The Retirement Benefits Authority (RBA) as part of policy proposals is seeking to block early access to retirement benefits before the age of 50 by amending occupational, umbrella and individual scheme regulations removing clauses allowing the early access to the savings.

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Note: The results are not exact but very close to the actual.