Pension withdrawals rise by 6% among over 55s - warning issued over future of pension pots

PENSION pots can be accessed from the age of 55 under current rules and savers have many methods available to them in how they can withdraw funds. Generally, while people have the freedom to access their private plans however they wish, guidance on this usually details caution should be heeded as long term goals can be jeopardised by short term actions, with new data raising alarm bells on this. »