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Private pension policy

Last reviewed dd mmm yyyy. Last edited dd mmm yyyy

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Practitioners may pay towards a private pension from their non superannuable income such as private work and insurance reports.

Up to 17.5% of private income, or 40% if aged 60 or over can be payed into a scheme.

It's advantage is that the amount of money paid in can be varied. It allows a practitioner to take a pension from the age of 50, but there is no lump sum.

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