Statistics from HMRC reveal 146,000 people have accessed around £2.72bn since the introduction of pension freedoms in April.
Although the figures are not comprehensive, it gives a good indication that many people are accessing smaller pots. However, industry experts agree that more information needs to be provided in ord...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
