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Pension tax-free cash withdrawals surged 61% last year in Budget ...
...Rushing to take your tax-free lump sum isn?t the right move for everyone. We look at how to avoid retirement regret, and what to do if you took the money last year in response to Budget rumours....
https://moneyweek.com/personal-finance/pensions/pension-tax-free-cash-withdrawals-surged
Should you take cash from your pension before the Autumn Budget ...
...The total value of withdrawals climbed from £11bn to £18bn, according to Financial Conduct Authority data obtained by wealth management company, Evelyn Partners. The surge came ahead of the 2024 Autumn Budget, when pensions were brought within inheritance tax from 2027....
https://www.which.co.uk/news/article/should-you-take-cash-from-your-pension-before-the-autumn-budget-aOGpQ9j2J4FJ
Brits raid pension pots as minister doesn't rule out Rachel Reeves ...
...Data from investment platform Interactive Investor shows a sharp jump in the number of pension tax-free cash withdrawals last month compared with August 2024....
https://www.express.co.uk/finance/personalfinance/2107730/pension-pots-budget-raid-rachel-reeves
Pension tax-free cash withdrawals surge 61pc ahead of Budget
...There was a 61pc increase in the number of tax-free cash withdrawals from pension pots last month compared to August 2024, according to data from investment platform Interactive Investor....
https://www.telegraph.co.uk/money/pensions/news/tax-free-lump-sum-withdrawals-rise-ahead-of-budget/
Pension pot withdrawals spike by 61% as minister refuses to rule out raid
...Tax-free withdrawals from pension pots have rocketed by 61% over fears that Chancellor Rachel Reeves could raid them in her next autumn budget. Research conducted by Interactive Investor has shown a dramatic leap in the number of pension tax-free withdrawals in August 2025 compared to August 2024. The rise suggests that savers are clearly nervous that the Government may reduce the size of the ......
https://uk.news.yahoo.com/pension-pot-withdrawals-spike-61-184518303.html
Pension savers rush to withdraw lump sum before Budget 2025 - tax rules ...
...Thousands of pension holders are rushing to withdraw cash ahead of the Chancellor?s Budget next month, amid fears tax rules could soon be tightened....
https://www.nimblefins.co.uk/savings/pension-tax-lump-sum
Savers scramble to pull tax-free cash out of pensions
...Savers have rushed to pull tax-free lump sums from pensions amid fears over a future Government clampdown. An unprecedented surge in withdrawals saw the amount pulled from pension pots soar more ......
https://www.thisismoney.co.uk/money/pensions/article-15068869/Savers-scramble-tax-free-cash-pensions.html
Investors rush to withdraw pension funds amid fears of tax hikes in ...
...Under existing rules, savers aged 55 and over can withdraw up to 25% of their pensions tax-free, with a cap set at £268,275. However, rumours of a lower cap have led many clients to cash in on this allowance before the October 30 budget....
https://bmmagazine.co.uk/in-business/investors-rush-to-withdraw-pension-funds-amid-fears-of-tax-hikes-in-upcoming-budget/
Surge in Tax-Free Pension Withdrawals as Autumn Budget Fears Mount - MSN
...Pension pots are being raided by clients who are anxious about prospective changes to the autumn budget and have begun to withdraw large sums....
https://www.msn.com/en-gb/money/other/surge-in-tax-free-pension-withdrawals-as-autumn-budget-fears-mount/ar-AA1sumZ6
Sharp rise in UK pension lump sum withdrawals over tax concerns
...The amount withdrawn from UK pensions in tax-free lump sums rose more than 60 per cent over the past financial year as savers prepare for possible changes to the tax rules on retirement funds....
https://www.ft.com/content/f9f91861-f93f-49bf-b64c-94339517d2c7
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