Savers planning to make ad-hoc pension withdrawals in the new tax year could face being overtaxed by thousands of pounds, AJ Bell has warned.
According to the group, those who are overtaxed may have to wait at least 12 months to claim back their money or could need to contact HM Revenue & Customs (HMRC) to ask for it back. The problem can...
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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