P
phantom
Member
why is there a tax free lump sum?
isn't government supposed to be encouraging private pension provision thereby discouraging lump sum withdrawal from retirement fund?
agreed, the lump sum withdrawal will meet some needs of people, but then why tax free?
isn't government supposed to be encouraging private pension provision thereby discouraging lump sum withdrawal from retirement fund?
agreed, the lump sum withdrawal will meet some needs of people, but then why tax free?