'Pensions are finished': Michael Johnson calls time on traditional retirement product
The Budget reform package coupled with generation Y's complete disengagement from traditional retirement saving has effectively killed pensions in their current form, according to Michael Johnson.
The Centre for Policy Studies fellow said "pensions are finished" and reiterated his call for a lifetime ISA product to be introduced in the UK. He also said the current "regressive" tax relief system...
More on Pensions
What does the Carey Pensions judgment mean for SIPPs?
Case analysis and takeaways
![Charles Counsel: "Savers [could] rush into decisions about their pensions."](/api/v1/wps/b38b558/25d86cc7-92c7-4352-8653-282bb2137e98/6/counsell-charles-tpr-230x142.jpg "Charles Counsel: \"Savers [could] rush into decisions about their pensions.\"")
TPR chief warns of increased demand for DB transfer CETVs
CETV could be delayed too
Tributes paid to SIPP and SSAS pioneer Geoffrey Pointon who died after contracting coronavirus
'Larger than life figure'
Five to ten years 'reasonable' for pension coronavirus recovery
DC schemes feeling the pinch
Failed GPC SIPP receives 799 FSCS complaints
Failed 17 February
Back to Top
More news
Advice firm saves cricket club from folding during lockdown and other good news stories of the week…
Supporting local business
FCA's Megan Butler gives punchy warning on phoenixing and 'lifeboating'
PIMFA Virtual Fest
Spooked investors return to retail funds with £4bn April inflows - IA stats
Record outflows in March
Tributes paid to Nucleus account director Mike Wallis
Died from motor neurone disease