Pension freedoms risk 'volatile and uncertain' client outcomes - TUC

The warning comes in a briefing note sent to members of the Bill committee for the Taxation of Pensions Bill committee, seen by Professional Adviser's sister title Professional Pensions. The TUC said the suddenness of Chancellor George Osborne's (pictured) reforms "risks leaving many facing a more volatile, uncertain and less comfortable solution than they would otherwise have had". It calls on MPs to look at default retirement options with charge caps on products, similar to those being implemented for the accumulation phase. As this is not mirrored in the decumulation phase, save...