IFA issues early pension release advice warning

  Managing director Carl Lamb says advisers will need to "strike a balance" between warning against taking early pension release and recommending it, ahead of the change in retirement age from 50 to 55 in April. "This has all the hallmarks of an issue that could come back to haunt us if we don't take the right steps now," Lamb says. Almary Green has warned its clients taking advantage of early pension release could lead to a "dramatically reduced" retirement income. The warning - in the form of a letter sent to nearly 700 affected clients - was prompted by concerns some clients ...