Testing times: The role of platforms post-pensions freedom

The role of platforms post-pensions freedom

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Alistair Wilson is surprised some platforms won't offer full pensions flexibility. Here he runs through the biggest factors advisers need to consider post-6 April

Last year's Budget is in the distant past, but the memory and impact remains and will continue after the new pension regulations come into force next month. In the last twelve months, there has been much speculation about clients spending their accumulated pension pots after the now infamous Lamborghini comment. With the regulator's recent CEO letter reinforcing the need for providers to ask more searching questions of clients looking to access their pension funds, we may see lower numbers. Research undertaken by Zurich, among 900 individuals aged between 50 and 70 in late 2014, il...

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