Royal London predicts ‘safety first’ party pension policies

A new policy paper from Royal London predicts ‘safety first’ policies on pensions in the manifestos of the major political parties.

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Pension freedoms overtaxation repayments hit £535m

In total £535m has now been repaid to investors who were overtaxed on pension freedoms withdrawals since April 2015.

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Pension freedoms withdrawals pass £30bn

New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.  

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Pension savers lose out in £600m ‘tax grab’

Pension savers lost out on £600m last year according to HMRC personal pension statistics released today.

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