Defaqto launches guide to Pension Freedoms and risk

Financial information provider Defaqto has launched a CPD accredited guide on the Pension Freedoms, nearly five years on from their introduction.

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Financial advisers guide 230,000 DB transfer clients

In the first three and a half years since the Pension Freedoms were introduced in 2015 more than 230,000 members of Defined Benefit schemes have received guidance from a financial adviser.

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New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.  

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