Number of people withdrawing from pensions up 6% in Q3 - HMRC data
But amount of money withdrawn down
HMRC reported an increase in the amount of people withdrawing from their pension.
The number of people withdrawing from their pensions has increased by six percent in the period from July through to September this year compared to 2019, data from HM Revenue & Customs has shown.
In 2020, 347,000 individuals withdrew funds from their pensions between July and September, a 6% increase from the 327,000 who withdrew during the same period last year. However, the amount withdrawn...
More on Pensions
Pensions dashboard issues digital design tender in 'significant milestone'
Run by Money and Pensions Service
One of the youngest British Steel victims: 24-year-old tells transfer tale
Transferred £50,000
Hard-hit NHS staff: Advisers discuss new tax year challenges
Budget consequences
'Intrinsic bias' in DC pension system drives wedge into savings disparity
'Stark gender disparity'
Christine Hallett: Pandemic raises big questions on DB pension benefits
Post-pandemic DB pensions
Back to Top
More news
The perfect personality for a financial adviser
Some traits are bigger earners
Lee Fisher: Choosing a CIP is a marathon not a sprint
Four criteria
Pensions dashboard issues digital design tender in 'significant milestone'
Run by Money and Pensions Service
