Cashing in personal pensions

Commenting for the UK200Group, BKL tax partner David Whiscombe responds to Chancellor George Osborne’s comments on the take-up of new pension freedoms.

 

“Today’s press reports suggest that a significant number of people seem to regard the opportunity to draw funds from their pension pots as more akin to a lottery win than to responsible financial planning, with much of the money drawn being ‘invested’ in cars and holidays.  So perhaps those pension funds that are alleged to be dragging their heels in facilitating withdrawals will actually be seen to be doing their investors a favour.”

 

The article is available on the UK200Group website.

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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