Payouts under the pension freedom regime have soared in the last quarter when £1.77bn was withdrawn from retirement pots, according to the latest Treasury figures.
In the months since April, 256,000 payments were made to 159,000 people, seemingly double the number processed in the previous two quarters and more than in the three months after the reforms were fully...
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Reforms not enough
An economic cocktail
To encourage consumers to shop around
Will report to Pat Shea