Savers withdrew £9.4bn from pensions flexibly in 2020

Sophie King
clock • 2 min read

Savers withdrew £9.4bn flexibly from their retirement pots during 2020, data released by HM Revenue & Customs (HMRC) has shown.

The statistics, released today (29 January), showed that £2.4bn was withdrawn in Q1 of last year, £2.2bn in Q2, £2.3bn in Q3 and £2.3bn in Q4. The £2.4bn withdrawn in the final three months of t...

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Sophie King
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Sophie King

Professional Adviser journalist from 2018-2021

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