Retirees could be overpaying tax, missing out on investment growth or losing other valuable pension benefits by taking all of their money out of their pension and moving it to a savings account, while others are potentially getting a poor pension deal by not shopping around, a new review of the retirement market has found.
The Financial Conduct Authority (FCA) has carried out the most in-depth study of the pension freedoms to date. The pension freedoms were introduced in April 2015, giving pension savers the option to take all of their money out of their pension pot in one […]
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