Pension freedoms cost savers £2bn in lost returns
- Thursday, 08 July 2021
- Articles
Savers cashing out their pension pots to take advantage of pension freedoms since 2015 are set to lose £2bn as a result, according to new research.
Read more...383,000 used flexible pension withdrawals in Q1 - HMRC
- Friday, 30 April 2021
- Articles
The number of people using flexible pension withdrawals rose by 6% in the first quarter of 2021 to 383,000, according to the latest HMRC data.
Read more...Pension Freedoms over-taxation nears £700m
- Thursday, 04 February 2021
- Articles
Pension savers have reclaimed £693m in overpaid pension tax since the Pension Freedoms were introduced in April 2015.
Read more...Pension savers withdraw £9.4bn in 2020
- Friday, 29 January 2021
- Articles
Pension savers withdrew £9.4bn flexibly using the Pension Freedoms in 2020, new HMRC data reveals.
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