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By Jessica Frank-Keyes Plans to reduce the tax-free lump sum savers can withdraw from their pension could see NHS workers mount a “return to pay unrest and strikes”, the government has been warned. Chancellor Rachel Reeves is reportedly mulling plans to cap withdrawals at £100,000 in the Budget on 30 October in a bid to shore up the public finances, according to the Telegraph. Officials are said to have asked one of the UK’s largest pension providers to review the impact of such a move, which would reduce the limit to almost a third of its current level. But alarms are being sounded that such …

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