UK Banks Update: New Withdrawal Limits from October 2025 – Key Pension Rules Explained

UK Banks Update: New Withdrawal Limits from October 2025 – Key Pension Rules Explained

From October 2025, UK banks will introduce new withdrawal limits that directly impact how pensioners manage their money. The update comes as part of the government’s wider financial security reforms, aiming to tackle fraud, strengthen consumer protection, and modernise digital banking. Pensioners who receive payments through the Department for Work and Pensions (DWP) need to … Read more