Tax take: The true cost of pensions freedom remains misunderstood

Pension freedom is upon us, but its ultimate success or failure depends on whether it actually helps improve people's lives. Most of us instinctively support the idea that we should be free to make our own decisions, but we also know that when it comes to financial matters, a little knowledge can be dangerous. From the moment that George Osborne announced the planned pensions changes in March 2014, there was widespread consumer coverage of the opportunities and challenges they would create. Fast forward 12 months and had some of the key messages sunk in? Research carried out by ...