Almost 180,000 retirement pots were accessed using pension freedom between July and September last year, latest statistics from the Financial Conduct Authority show.
The regulator said 178,990 pensions have been accessed by consumers to take an income or fully withdraw their money as cash. Pension freedom was introduced in April last year. It gave people aged over...
Restructure at regulator
Digital Wealth and Outsourcing Express raised over £15m
Pension switch glitch
Vulnerability shot up 15% in 2020
Pension boost from lockdown pain
Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to The Times.
Made 12 acquisitions in 2020