Rachel Vahey: Pension savers need stability, not another panic-fuelled tax raid

It has been a tumultuous few years for pensions, with a whirlwind of legislative changes and rumours leading pension savers to question when they should access their pension. The evidence of this activity is now on show for all to see. The Financial Conduct Authority recently issued figures on the number of pension pots accessed for the first time last tax year, and what people chose to do with the money.  The first stat to hit you firmly between the eyes is just the sheer number and value of pension plans being accessed. Even if we only go back four years to 2021/22, this figure w...