Pensioners have been urged to try one tip to avoid a hefty tax bill when withdrawing from their pension pots. Since 2015, a staggering £1.5 billion has been refunded to pensioners who overpaid tax on ...

Thousands of pensioners may be owed tax refunds after being overcharged when accessing their retirement savings, new figures ...

The latest Pension Flexibility data published by HM Revenue and Customs (HMRC) shows that nearly £57 million has been repaid to people who paid too much tax when they first accessed their pension.

HMRC is issuing letters with £3,300 refunds to UK households after they OVERPAID tax. Between the beginning of October and December 31 last year, HMRC refunded nearly £50 million to pension savers who ...