Pension freedom withdrawals hit record £2.3bn in Q2

James Phillips
clock • 2 min read

A record £2.3bn was withdrawn from pensions under Freedom and Choice in the second quarter of this year, according to HM Revenue & Customs (HMRC).

The period also saw the highest number of people access their pensions via the largest amount of withdrawals in a quarter since the freedoms were introduced in 2015. Over a quarter of a million ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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