Pension firms said Britons remain baffled about how radical changes work . Over-55s are now able to withdraw all or part of their pension pots . Some customers in their 20s have been trying to withdraw retirement savings , despite being yesterday too young . Others do not know they face hefty tax bill if they remove all cash at once .
Pension firms said Britons remain baffled about how radical changes work . Over-55s are now able to withdraw all or part of their pension pots . Some customers in their 20s have been trying to withdraw retirement savings , despite being three decades too young . Others do not know they face hefty tax bill if they remove all cash at once .