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Michael Summersgill: These figures should end any doubt about the real-world consequences of allowing pension tax speculation to run unchecked.
Latest Financial Conduct Authority (FCA) retirement income figures show the surge in pension withdrawals has been driven by fears over government tax changes, the industry says.
The FCA's Retirement income market data 2025/26 – published today (24 September) –showed that the total value withdrawn from pension pots increased by 21.7% to £91.2m in the year ending 31 March 20...
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