Automatic guidance enrolment necessary as pension withdrawals rise, says Just
Withdrawals have hit £10bn barrier
People should be 'auto-enrolled' into Pension Wise guidance when looking to access their pension pots as research suggests an increasing reliance on pension money to fund everyday lives, provider Just has warned.
Just referred to figures from HM Revenue and Customs (HMRC), which found more than £10bn had been accessed flexibly since the introduction of pension freedoms in 2015, with the highest number of people accessing...
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