Pension withdrawals hit £2.6bn in 2021 Q1
Pension withdrawals hit £2.6bn in 2021 Q1 - HMRC Up 6% in a year Throughout January, February and March, £2.6bn was withdrawn from pensions flexibly, data released by HM Revenue & Customs (HMRC) has shown. This figure represents a 6% increase year-on-year, as £2.5bn was withdrawn throughout the same three months last year. Since 2015, when pension freedoms came into effect, the total value of flexible withdrawals... Sign In To read this story please register PA is dedicated to championing professional advisers. It helps you build your business, service clients and generate sustainable inco...