{"id":31,"date":"2019-08-01T17:38:10","date_gmt":"2019-08-01T16:38:10","guid":{"rendered":"http:\/\/62.233.124.244\/~hamnett\/news\/?p=31"},"modified":"2019-10-12T17:58:35","modified_gmt":"2019-10-12T16:58:35","slug":"pension-withdrawals-hit-over-28bn-since-freedoms-began","status":"publish","type":"post","link":"https:\/\/www.hamnettwealth.com\/news\/pension-withdrawals-hit-over-28bn-since-freedoms-began\/","title":{"rendered":"Pension withdrawals hit over \u00a328bn since freedoms began"},"content":{"rendered":"\n<p>More than \u00a328bn has been withdrawn since the pension\nfreedoms started in April 2015 according to the latest statistics issued by HM\nRevenue and Customs. A record 336,000 individuals withdrew from pensions in Q2,\na 27% increase on the same quarter last year. The full statistics can be found\nhere:<\/p>\n\n\n\n<p><a href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/821866\/Pension_Flexibility_Stats_July_2019.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Pension Flexibility Stats<\/strong><\/a><\/p>\n\n\n\n<p>If you need advice on Pension freedoms and Defined Benefit\nPension schemes, it is imperative that you take independent financial advice\nfrom a recognised Pension Transfer Specialist. Not all advisors are qualified\nand licenced to advise on these matters. Hamnett Wealth Management are. We are\nyour local, established Independent Financial Advisors. We are highly qualified\nand up to date with the latest legislation and are authorised and regulated by\nthe Financial Conduct Authority. <\/p>\n\n\n\n<p>Our Pension Review Service allows you to consider the\nvaluable benefits that would be lost on a transfer out. Once you\u2019ve transferred\nout there is no going back. This could be the biggest financial decision you\nwill ever make in your life. It is imperative you make the right choice. No two\npeople are the same and you shouldn\u2019t be blinded by big figures and the thought\nof free money. You\u2019ve worked hard to build up these benefits so you should be\ncareful not to blow it.<\/p>\n\n\n\n<p>If you feel you could benefit from talking to an Pension\nTransfer Specialist, please contact Hamnett Wealth Management on 0114 235 3500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than \u00a328bn has been withdrawn since the pension freedoms started in April 2015 according to the latest statistics issued by HM Revenue and Customs. A record 336,000 individuals withdrew from pensions in Q2, a 27% increase on the same quarter last year. The full statistics can be found here: Pension Flexibility Stats If you &hellip; <a href=\"https:\/\/www.hamnettwealth.com\/news\/pension-withdrawals-hit-over-28bn-since-freedoms-began\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pension withdrawals hit over \u00a328bn since freedoms began&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts\/31","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":1,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"predecessor-version":[{"id":32,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts\/31\/revisions\/32"}],"wp:attachment":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}