UK pension savers urged not to withdraw cash due to budget ‘fear and rumour’

admin September 20, 2025 Leave a Comment

UK pension savers urged not to withdraw cash due to budget ‘fear and rumour’

Financial experts express alarm after jump in sums people taking out of retirement pots amid ‘jitters’ about tax

Older savers should avoid making rash decisions about their pension cash based on “fear and rumour”, experts urged this week.

The warning came as figures showed a rise in the sums people were pulling out of their retirement pots.

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