Freedoms payouts total £1.6bn in Q3 as probe hears evidence
Just under 200,000 people accessed their pensions using Freedom and Choice in the third quarter of the year, HM Revenue and Customs figures have revealed.
On average, each person received around £8,000 through 2.2 withdrawals, with £1.6bn being paid out. The figure is down from the record £1.9bn recorded in Q2 this year, when the average withdrawal also...
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