Freedom and Choice in Pensions

Published on 11 June 2014

LITRG welcome reform of the rules for access to pensions savings, as complicated and often irrational rules have hitherto made it hard for individuals to plan sensibly for their future. We do however question whether the financial provision on offer is sufficient to cover the cost of good, impartial advice for all those approaching retirement in the coming years, and encourage the Government to look again at this aspect of the proposals.

We also urge the government to provide fair, consistent and coherent guidance for those who may not plan prudently for their future or fully grasp their responsibilities in later life.

Our response can be found PDF icon here.

(11-06-2014)

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