‘Customers should be careful that this is the right decision for them’
‘Advisers know that retirement planning does not stop at retirement’
Analysis of FCA product data showed drop in last five years
Figures are a 13% increase from the £1.1bn collected this time last year
Analysis finds gap could leave retirees potentially £500 a year worse off
‘More good news for the Treasury’ as April nets £0.6bn
Receipts for April 2022 to March 2023 reach £7.1bn
Running total for 2022/23 now £6.4bn, surpassing last year’s final figure
Office for Budget Responsibility predicts IHT receipts will grow
How and why blended solutions work for retirement income