Don't want ads? Subscribe or login now.

HMRC Says Britons Are Raiding Pensions As Inflation Bites

By Martin Croucher · September 28, 2022, 3:26 PM BST

Half a million people dipped into their retirement savings in the second quarter of 2022 amid a growing cost-of-living crisis, government figures revealed Wednesday, the highest-ever number for withdrawals since pension...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Recent Articles By Martin

October 30, 2024
Pension Pros Say Shutting Inheritance Tax Loophole Overdue
October 08, 2024
Gov't Urged To Commit To Pension Tax 'Lock' In Budget
September 13, 2024
UK Pensions Lifeboat Sets £100M Levy Amid Calls For Change
September 13, 2024
Brokers Seek Insurance Tax Cut In Budget For At-Risk Housing
July 05, 2024
Starmer Picks Reeves For Treasury To Steer Growth Aims
April 27, 2023
UK Gov't Passes £1B Mark In Pension Overtaxation
March 15, 2023
UK Gov't Revamps Pensions Tax In Bid To Boost Workforce
February 06, 2023
Think Tank Calls For Pension Tax Overhaul
January 31, 2023
HMRC Repaid £1B In Emergency Tax On Pension Withdrawals
January 13, 2023
Gov't Cost Of Pension Tax Relief Climbs To £27B

HMRC Says Britons Are Raiding Pensions As Inflation Bites

Related Sections

Recent Articles By Martin