IRN Add Pension Flexibility Data to the Pension Dashboard

05 Sep 2017

Pension Dashboard improved with new Pension Flexibility Data

 

New Pension Flexibility data

From today, the IRN Pension Dashboard contains data on pension withdrawals made under the pension flexibility rules. Since April 2015, individuals aged 55 and over can access their defined contribution pension savings as they wish, subject to their marginal rate of income tax. The HMRC data shows the number of flexible payments made from pensions, the number of individuals who have received a flexible payment and the total value of all flexible payments reported to HMRC.

This data will be updated every month as the HMRC releases new information.

IRN Pension Dashboard

Other pension dashboard updates

Later in this month, updated HMRC data on personal pensions will be added to the dashboard, along with updates on DC pension deficits and funding ratios and new data on pension contributions by type of pensions. This latrer data will also result in an update to the IRN Self-administered pension fund dashboard.

Self-administered pension fund dashboard

 

Other pension dashboard news

Pension reform; two steps forward, one step back

Auto-enrolment passes the 7 million mark

The death of annuities has been greatly exaggerated

 


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