In the three months to September this year, £2.4billion was withdrawn from pensions, a 21 per cent increase from the £2billion taken in the same period in 2018, official figures show. The number of people cashing in rose to 327,000, a 27 per cent jump from 258,000 in the same period a year earlier. State pension claimants will get extra payment this Christmas
Pension: Workers issued ‘stark warning’ on saving for retirement
Pension freedom rules introduced in 2015 allow people aged 55-plus access to their whole savings without having to buy an annuity – a guaranteed income […]
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