Four pension freedom issues the new govt will need to address

Made up of Hargreaves Lansdown head of retirement Tom McPhail, Royal London director of policy Steve Webb and Tax Incentivised Savings Association (TISA) deputy chairman Tony Stenning, the panel debated the successes and shortcomings of former chancellor George Osborne's pension reforms. First announced in the 2014 Budget and implemented the following year, the reforms allowed all savers to flexibly access their pension savings from age 55. While the panel identified a number of benefits, it gave four areas the new government will need to tackle following the General Election on 8 Jun...