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- 04:58, 27 August 2024 Hayden55C304632 talk contribs created page More Than Half Of People Tapping Pensions Cash Them Out In Full (Created page with "More over-55s are tapping their pensions and over half are cashing them out entirely, new official figures reveal.<br><br>Nearly 740,000 pension funds were accessed in the 2022-23 financial year, up around 5 per cent from the year before, as people struggled to pay household bills in a period of rising inflation.<br><br>Some 56 per cent of pots are being cashed in full - the majority of them worth £10,000 or less, according to new data from the Financial Conduct Authori...")