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Record £2.3bn withdrawn under Pension Freedoms

A record £2.3bn was taken out of pensions pots under Pension Freedoms rules in the second quarter of 2018, HMRC figures have revealed.

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New pension freedom campaign seeks to end annuity ‘injustice’

A new campaign has been launched which aims to end the “injustice” suffered by 5m retirees stuck in the “annuity trap.”

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Pension Freedoms are reshaping retirement plans

New research has found that 1 in 5 pension savers (20%) over 50 have changed their retirement plans because of the Pension Freedoms as the retirement planning sector sees a major change in direction.

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Financial Planner calls for pension withdrawals ‘cooling off’ period

Financial Planning and retirement advice firm LEBC has called for the creation off a new ‘cooling off’ period on pension withdrawals under Pension Freedoms.

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