Pension Shock – Over 10,000 Pensioners Overcharged By £10,000 On Withdrawals
A startling number of UK pensioners were inadvertently overcharged tax when withdrawing their pension pots—some losing tens of thousands of pounds. Recent figures reveal that in the 2023–24 tax year, around 60,000 pension savers successfully claimed refunds, marking a 20% increase in claims… Pension Shock – Over 10,000 Pensioners Overcharged By £10,000 On Withdrawals