5th June 2019

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Wealth Knowledge – Jun 2019

In this issue…

SAVERS WITHDRAW £25.62BN THROUGH PENSION FREEDOMS

The total amount of withdrawals made using pension freedoms since April 2015 has risen to £25.62 billion.

People aged 55 and over have benefited from more choice when it comes to accessing their pension savings from 2015/16.

Since then, government statistics show the amount of money withdrawn by over-55s from their pension pots has been steadily increasing as the option gains popularity.

 

  Wealth Knowledge – Jun 2019