Retirement

Timing is everything

Providers left to inform public

'Challenges ahead'

Govt in transparency push

‘Law will need to be carefully crafted’

Just under 200,000 people accessed their retirement savings using pension freedom in the third quarter of the year, HM Revenue & Customs figures have revealed.

253 to 205 defeat

New record high

Although Q2 lower than Q1

Some retirees are using their pension freedom cash to fund alcohol and gambling binges before falling back on the state for help, a local government official has told MPs.