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

Jenna Towler
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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...

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