More joint life and inflation-linked policies purchased
Pensioners over-taxed by £1.3bn since 2015
Dramatic spike in government borrowing costs
Single state pension increases to £11,975 per year
Conjecture driving savers to withdraw ‘excessive funds’
Annuity sales up 38.7% to 80,061 in 2023/24
LISA reform needed: ‘It is a worst of both worlds’
Savers reclaimed £57m from HMRC in April, May and June this year
An estimated 37.4 million income taxpayers for the 2024/25 tax year
Provider has 3,794 SIPP millionaires on its client roster