Majority of savers taking flexible pension payments are below state pension age, research reveals

Analysis of DWP figures shows 63% of flexible payments were made to those under the age of 65

Martin Richmond
clock • 2 min read
Majority of savers taking flexible pension payments are below state pension age, research reveals

The majority of savers who have taken flexible pension payments since the introduction of pension freedoms were below the state pension age, research from Just Group finds.

The firm's analysis of figures published by the Department for Work and Pensions (DWP) revealed 70% of the three million individuals who have accessed their pensions early were below the age of 65....

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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