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  • Pensions

Pension freedom withdrawals hit record £2.3bn in Q2

£19.7bn withdrawn since pension freedoms

Total withdrawals since 2015 near £20bn
Total withdrawals since 2015 near £20bn
  • James Phillips
  • James Phillips
  • @PPJamesPhillips
  • 31 July 2018
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A record £2.3bn was withdrawn from pensions under Freedom and Choice in the second quarter of this year, according to HM Revenue & Customs (HMRC).

The period also saw the highest number of people access their pensions via the largest amount of withdrawals in a quarter since the freedoms were introduced in 2015. More than a quarter of a million...

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