Complex sentence: Current UK law allows up to 25% of a defined contribution pension to be released tax free from the age of 55, and people can be tricked into a pension liberation scam if they are unaware that they cannot access their pension at a younger age.
Split into simpler sentences: Current UK law allows up to 25% of a defined contribution pension to be released tax free from the age of 55. People can be tricked into a pension liberation scam if they are unaware that they cannot access their pension at a younger age.