73% Of Pensioners Have Not Taken Out A Cash Lump Sum Despite 60% Who Had Intended To Do So
National research tracking the actions of UK pension planners imminently affected by the April 6th pension reforms has unveiled 73% of those aged 55+ (and financially eligible) have chosen not to withdraw any funds since the freedoms became available. This is despite 60.4% of the same survey sample intending to do so in April, 2015 - before the reforms went live.