Martin Lewis has highlighted a 'massive tax trap' that could affect anyone with a pension. The warning was issued by his Money Saving Expert website, which published a video featuring the personal ...

Mr Lewis explained it essentially delivers a £1,260 tax saving for married couples - adding that it applies 'provided one of you is aged under 90' - specifically those born after 5th April 1936.

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Expert has warned of a 'massive tax trap' that could cost higher rate taxpayers hundreds or thousands of pounds when withdrawing from their pension - here's how to avoid it ...