Displaying items by tag: pension withdrawals
Friday, 27 September 2024 10:28
FCA data reveals surge in pension withdrawals
The latest FCA retirement income data for 2023/24 has revealed a 20% rise in the number of pension plans accessed for the first time between April 2023 and March 2024.
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Friday, 31 July 2020 13:09
Pension withdrawals fall 17% as savers show caution
HMRC has reported that £2.3bn was withdrawn from pensions flexibly in Q2 - a 17% fall year-on-year from the £2.8 billion seen in Q2 2019.
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Friday, 02 November 2018 11:20
Pension withdrawals soar as savers dip in to pots
Pension withdrawals continued to soar in the third quarter of 2018 leading to suggestions that some pensions savers are treating their pensions like bank accounts, dipping in to withdraw cash when they need it.
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