HMRC pensions data showed pension withdrawals have risen 67 per cent since 2020 as 'cruel twist' shows soaring lifetime allowance and annual allowance charges in 2022. HMRC pension data has revealed ...

On the go: More than 1,000 judges breached their annual allowance in the 2020-21 tax year and are now facing significant tax bills. A freedom of information request submitted by Quilter found that ...

I retired in 2020 at the age of 60 and took what I understood at the time to be the maximum 25 per cent tax-free cash from two different pension schemes. At the time, everything was handled correctly.