Pension Freedoms
Pandemic pension freedom fears fail to pander out
But the true impact of covid-19 is still to be felt, warns pensions expect
40% of UK retirees unaware of MPAA restrictions
As over half continue to contribute to their pension pots after entering drawdown
Shrinking DB transfer market worries advisers
But could a smaller sector be a good thing? Or should pension freedoms just be scrapped altogether?
Pension freedom age increase will create ‘second class schemes’
As ‘tougher’ access rules make it ‘complex for savers’
Cheaper pension charges to make drawdown ‘more sustainable’
‘Small changes – just a fraction of 1% – can make a real difference’