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

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on Industry

PPF publishes 2024 diversity pay gap report

PPF publishes 2024 diversity pay gap report

Lifeboat fund report shows mean ethnicity pay gap fell by 7.2 percentage points last year

Martin Richmond
clock 13 March 2025 • 3 min read
TPR chief executive Nausicaa Delfas announced as keynote speaker at PP Live

TPR chief executive Nausicaa Delfas announced as keynote speaker at PP Live

CEO of The Pensions Regulator to speak at PP’s flagship event in London on 21 May

Professional Pensions
clock 13 March 2025 • 1 min read
Industry must build on opportunity to create 'strong and resilient' pensions system

Industry must build on opportunity to create 'strong and resilient' pensions system

Scale must be done in practical way to avoid disrupting the pensions market

Holly Roach
clock 13 March 2025 • 2 min read
Trustpilot