Pensions tax-free cash untouched – but what about those who acted pre-Budget?

No lump sum change should be ‘welcomed’ but damage cannot be undone

Isabel Baxter
clock • 5 min read
Picture: Kirsty O’Connor / Treasury
Image:

Picture: Kirsty O’Connor / Treasury

Individuals who took the leap and withdrew pensions tax-free cash fearing Budget changes will need to look to other investment strategies, financial services experts have said.

Individuals who took the leap and withdrew pensions tax-free cash fearing Budget changes will need to look at other investment strategies, financial services experts have said. It was initially ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Barnett Waddingham hits £160m revenue in 2023/24

Barnett Waddingham hits £160m revenue in 2023/24

Firm’s annual results show year saw range of ‘strategic investment’ and ‘organic growth’

Holly Roach
clock 21 November 2024 • 2 min read
How retirement planning has transformed over the past 50 years

How retirement planning has transformed over the past 50 years

PPI report looks at the move from predictable pensions to personal responsibility

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Smart Pension launches simulator to assist members with 'pension puzzle'

Smart Pension launches simulator to assist members with 'pension puzzle'

Integrated retirement savings calculator expected to be ‘hugely positive’ for firm’s members

Holly Roach
clock 20 November 2024 • 1 min read
Trustpilot