Most British savers fully cashed out pension pots on retirement after rule changes | Money | The Guardian
Financial Conduct Authority study finds 68% of pensions accessed between July and September were cashed out,
Citing previous research undertaken with pollsters YouGov, Greer said much of the money may have been used to invest in buy-to-let property but increases in the tax paid on second homes would likely curtail demand in future.
Sounds like a good plan. house prices can only go up. buy all you can now.
Financial Conduct Authority study finds 68% of pensions accessed between July and September were cashed out,
Citing previous research undertaken with pollsters YouGov, Greer said much of the money may have been used to invest in buy-to-let property but increases in the tax paid on second homes would likely curtail demand in future.
Sounds like a good plan. house prices can only go up. buy all you can now.
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