▲ 4 r/UKExpatFinance
A record £22bn was pulled out tax-free last year. So… who bought the Bentley?
The FCA numbers landed last week: £22 billion taken in tax-free lump sums in 2025/26, the biggest year on record, and most of it driven by Budget speculation that, in the end, came to nothing since the 25% rule survived untouched. Now the same rumour cycle is spinning up before 28 October, and wealth managers are already reporting another wave of withdrawal requests.
u/MegasCapitalis — 10 days ago