{"id":9194,"date":"2016-03-26T13:59:21","date_gmt":"2016-03-26T06:59:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-savers-response-to-pension-freedom-carry-on-as-before\/"},"modified":"2016-03-26T14:22:24","modified_gmt":"2016-03-26T07:22:24","slug":"british-savers-response-to-pension-freedom-carry-on-as-before","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-savers-response-to-pension-freedom-carry-on-as-before\/","title":{"rendered":"British savers response to pension freedom? Carry on as before"},"content":{"rendered":"


\nLast year the over 55s were given the freedom to use their savings however they liked. Some opted for property, others for stocks \u2013 we look at how they all faredOn 6 April last year the shackles were taken off Britain\u2019s savers. No longer would they be required to buy an annuity \u2013 they were free to spend their pension money how they like.So how have Britain\u2019s savers fared under these new freedoms? Continue reading…
\n
\nSource : theguardian.com
\nRead more…British savers response to pension freedom? Carry on as before<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last year the over 55s were given the freedom to use their savings however they...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-9194","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2oi","jetpack-related-posts":[{"id":11514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-a-million-savers-take-advantage-of-pension-freedom\/","url_meta":{"origin":9194,"position":0},"title":"Quarter of a million savers take advantage of pension freedom","date":"April 27, 2016","format":false,"excerpt":"\r HMRC says amount of money withdrawn from pension pots in the year since the new rules has dropped to \u00a3820m from \u00a31.5bnSavers have withdrawn at least \u00a34.35bn from pensions in the year since new flexibilities were launched, official figures show. Data from HMRC shows that 232,000 people have taken\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-british-savers-fully-cashed-out-pension-pots-on-retirement-after-rule-changes\/","url_meta":{"origin":9194,"position":1},"title":"Most British savers fully cashed out pension pots on retirement after rule changes","date":"January 8, 2016","format":false,"excerpt":"\r Financial Conduct Authority study finds 68% of pensions accessed between July and September were cashed out, raising concerns over investment decisionsMost British savers retiring between July and September last year fully cashed out their pension pots after rule changes, the financial markets regulator said, feeding concern they are not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-withdraw-6bn-from-retirement-funds-after-pension-reforms\/","url_meta":{"origin":9194,"position":2},"title":"Savers withdraw \u00a36bn from retirement funds after pension reforms","date":"March 28, 2016","format":false,"excerpt":"\r Total amount that British over-55s have taken out of pensions since shakeup is lower than some commentators predictedSavers have withdrawn almost \u00a36bn from their retirement funds after the introduction of pension reforms last year.New industry figures show that just over 213,000 cash lump sum payments totalling \u00a33bn were made\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-the-10-point-action-plan-to-take-advantage-of-the-new-rules\/","url_meta":{"origin":9194,"position":3},"title":"Pensions: the 10-point action plan to take advantage of the new rules","date":"January 5, 2015","format":false,"excerpt":"\r You don\u2019t have to be on the point of retirement to be thinking about how you will survive once you stop workNext April will see the biggest, and most popular, reform to pensions in more than a generation. Any requirement to buy an annuity \u2013 much hated because of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-pensions-megafunds-plan-could-hurt-savers-renters-face-chasm-as-demand-outstrips-supply-business-live\/","url_meta":{"origin":9194,"position":4},"title":"UK\u2019s pensions megafunds plan \u2018could hurt savers\u2019; renters face \u2018chasm\u2019 as demand outstrips supply \u2013 business live","date":"November 14, 2024","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsReeves to announce \u2018megafunds\u2019 shake-up of local government pension schemeRachel Reeves has told the Financial Times that her plans will create eight pension \u201cmegafunds\u201d.She has told the Financial Times that these eight pools, worth an average \u00a350bn by 2030, would end\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-still-beats-a-pension-say-retirement-savers\/","url_meta":{"origin":9194,"position":5},"title":"Property still beats a pension, say retirement savers","date":"February 6, 2018","format":false,"excerpt":"\r Despite tax burden on buy-to-let landlords, number who favour property is rising\r \r Source : ft.com\r Read more...Property still beats a pension, say retirement savers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9194"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=9194"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9194\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=9194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=9194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=9194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}