Fall in flexible pension withdrawals since March: HMRC

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Fall in flexible pension withdrawals since March: HMRC

Fewer people have begun taking flexible payments from their pensions since the beginning of April, new figures published today show, suggesting there's been some caution around making withdrawals during the covid-19 pandemic. HMRC, the UK treasury, said the figures for July-September revealed that £2.33bn was taken as flexible payments in July-August, Stephen Lowe, group communications director at Just Group, said: "Between April and September, 123,000 people have started taking flexible withdrawals...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.