Power and pressure of the pension freedoms Pension freedoms were a notable turning point. The new rules gave people more options over how and when they could access their pension savings – and income drawdown quickly became the go-to option for the vast majority of retirees. While the freedoms were undoubtedly a positive move, more choice breeds more complexity – and, for those using drawdown, the responsibility for deciding where to invest, when to withdraw and how to make their money last rests squarely on their shoulders. With people living longer lives, a modern retirement can...
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