With pension freedoms reaching its third anniversary, several pension specialists have suggested changes to make the rules safer for consumers. Introduced on 6 April 2015, the new legislation ...
Savers taking advantage of pension freedoms to cash out before retirement have suffered £2bn in lost returns, spurring calls for better financial education, according to analysis by LCP. LCP cited ...
Ed Monk is associate director at Fidelity International. Markets have been kind to the first cohort retiring under pension freedoms introduced a decade ago. Retirees who followed the '4 per cent rule' ...
The UK pension system lags many of its European peers in a report out this week, which recommends restoring the requirement to take savings as an income stream. The freedom and choice policy, brought ...
A decade ago, pension savers were granted a new right: to take cash out of their pension pots however they pleased from age 55. Dubbed “pension freedoms”, the new rules came into effect on 6 April, ...
As we all know, in April 2014, the UK Coalition Government announced that with effect from the 6 April 2015, people aged 55 and over would be able to make withdrawals from their Defined Contribution ...
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