IFAs are overwhelmingly in support of allowing savers access to their pension funds before retirement age, according to Suffolk Life.
The Treasury is currently consulting on allowing some form of early access to pensions to make them more popular with middle-income earners. A recent survey by Suffolk Life reveals such a move would be popular with the majority of advisers. "Over 80% of advisers supported early access to pensions in one way or another," Claire Brookes, pension technical manager at Suffolk Life said at the Henry Stewart conference. However, advisers are divided on the best way for early access to be managed, according to Brookes. "The loan model emerged as the most favoured, supported by nearly a...
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