Displaying items by tag: pension withdrawal
Tuesday, 11 January 2022 08:38
Pension pots cashed in without advice on the rise
In 2020/21 61.3% of pension pots over £50,000 cashed in were taken without financial advice, a rise from the 58.9% seen the previous year.
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Thursday, 19 November 2020 10:22
Autumn sees big jump in pension withdrawals
The number of pension withdrawals in August and September increase dramatically, according to new data.
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Wednesday, 25 September 2019 13:00
Nearly 1 in 2 pension holders shun advice when accessing pots
The FCA's latest Retirement Income study, published today, has revealed that nearly half of pension savers have accessed their pension pots in the past year without taking regulated advice or guidance.
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Friday, 06 July 2018 11:33
LEBC calls for pension withdrawals ‘cooling off’ period
Financial Planning and retirement advice company LEBC has called for the creation off a new ‘cooling off’ period on pension withdrawals under Pension Freedoms.
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Friday, 04 May 2018 11:10
Time to sort out pension withdrawal tax mess says Steve Webb
Royal London director of policy Steve Webb has called for an end to what he called the “absurd” way pension withdrawals are taxed.
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