Pension freedom – the first two years in numbers

Pension freedom’s architect George Osborne The measures, first unveiled to great surprise by then-Chancellor George Osborne (pictured) in his 2014 Budget , have resulted in a heightened interest in pensions among consumers and a tax windfall for the government , while proving a significant blow to annuity providers, with several dropping out of the market altogether.

To mark the occasion, Professional Adviser has pulled together the most interesting facts and figures to have emerged on the subject over the past two years.

According to the latest statistics from HM Revenue & Customs, more than £9.2bn has been flexibly accessed by savers […]

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