Pension Freedoms over-taxation nears £700m

Pension savers have reclaimed £693m in overpaid pension tax since the Pension Freedoms were introduced in April 2015.

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Pension savers withdraw £9.4bn in 2020

Pension savers withdrew £9.4bn flexibly using the Pension Freedoms in 2020, new HMRC data reveals.

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Claire Trott: Tax-free cash scaremongering

I spent several hours this morning poring over my old G60 manual to help work out some ‘scheme specific protected tax-free cash’ calculations in respect of some pre-2006 occupational pension scheme benefits for an adviser.

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PIMFA urges tighter rules on unregulated financial promotions

Wealth management and financial advice trade body PIMFA has called on the Government to tighten the rules on the promotion of unregulated financial promotions.

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