£17.5bn pension freedom figure 'fails to reflect big picture'
Average withdrawal £7,644
HMRC figures published on Friday suggest almost £17.5bn has been flexibly withdrawn since the inception of pension freedoms, but that figure is not reflective of 'the bigger picture', according to one industry expert.
The latest government figures show 500,000 flexible payments were made to 222,000 people in the first quarter of 2018 - the highest number of payments to the most people since the freedoms were introduced...
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