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Pension freedoms over-taxation nears £700m
Pension savers have reclaimed £693m in overpaid pension tax since pension freedoms were introduced in April 2015.
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Mattioli Woods buys Planner firm for £2.3m
Wealth manager and SIPP provider Mattioli Woods has bought London-based Financial Planner Montagu Limited in a deal worth up to £2.34m.
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Hargreaves average client age falls by 7 years
Hargreaves Lansdown has seen the average age of clients drop from 45 to 37 in what it believes is a significant shift in its client demographics, it revealed today in its half yearly results.
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Embark launches Investment Pathways tool
Retirement solutions and platform provider Embark has launched an Investment Pathways tool to help non-advised customers move their pensions into income drawdown.
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Pension savers withdraw £9.4bn in 2020
Pension savers withdrew £9.4bn flexibly using the Pension Freedoms in 2020, new HMRC data reveals.
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