Pension freedoms overtaxation repayments hit £535m
- Thursday, 31 October 2019
- Articles
In total £535m has now been repaid to investors who were overtaxed on pension freedoms withdrawals since April 2015.
Read more...Pension freedoms withdrawals pass £30bn
- Wednesday, 30 October 2019
- Articles
New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.
Read more...Pension buyout deficit falls by £2.5bn since 2014
- Tuesday, 15 October 2019
- Articles
Since the introduction of pension freedoms in 2014 the FTSE 350 buyout deficit - the amount required to transfer the pension liability to an insurer - fell by around £2.5bn.
Read more...Nearly 50% of pension savers access pots with no advice
- Wednesday, 25 September 2019
- Articles
Nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, The FCA’s Retirement Income Data reveals today.
Read more...