Pension savers withdraw £70bn in decade since 'freedoms'
- Friday, 15 March 2024
- Articles
A decade on from George Osborne’s ‘Pension Freedoms’ Budget bombshell announcement in 2014, the latest HMRC data showed that £70bn of retirement cash has since been accessed flexibly by British savers.
Read more...Britons hope to retire early despite poor planning
- Friday, 15 March 2024
- Articles
More than four out of 10 pension savers (44%) reckon they will retire before their current state retirement age even though only half (54%) have a financial plan in place, new research suggests.
Read more...16% of DC schemes wound up following new TPR rules
- Friday, 15 March 2024
- Articles
Some 16% of defined contribution pension schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) has opted to wind up after a pilot into the effectiveness of its new rules on value for members.
Read more...Northerners more financially savvy – report
- Thursday, 14 March 2024
- Articles
Northerners are more financially savvy than their Southern counterparts, according to a new study from Octopus Money.
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