RP Poll: Is a pensions freedom cooling-off period needed?

Jenna Towler
clock

The latest Retirement Planner poll asks readers if a 30 day cooling-off period should be introduced for pensions freedom retirees who haven't taken advice.

The poll comes after national advice firm LEBC said people wanting to cash in their pension pots without taking financial advice should be subject to a mandatory 30 day cooling-off period. The company said it would lobby the government for an amendment to be included in the latest Pensions Bill. Speaking at a Henry Stewart retirement conference, director Kay Ingram said anyone who wanted to “stop people ruining their lives” should back the amendment. Do you agree? Share your views on the subject HERE. Earlier this month, we asked readers if providers should own advice businesses. T...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Everything advisers need to know on MEES regulations and pensions

Everything advisers need to know on MEES regulations and pensions

'Commercial property still remains a highly attractive and favourable investment for the right client'

Caitlin Southall
clock 14 July 2026 • 4 min read
Retirees feel regret after rushing to take out tax-free cash

Retirees feel regret after rushing to take out tax-free cash

Chancellor urged to provide earlier clarity ahead of 2026 budget

Isabel Baxter
clock 02 July 2026 • 3 min read
Third Financial launches white-labelled SIPP

Third Financial launches white-labelled SIPP

Titan Wealth first client to use service

Jenna Brown
clock 29 June 2026 • 1 min read