ABI launches pension freedom awareness campaign

Carmen Reichman
clock

The Association of British Insurers (ABI) has launched a campaign to help customers understand their choices in retirement following the government's pension reforms.

‘Your Retirement, Your Choice' will seek to prevent people from rushing into decisions while pointing them to the government's guidance guarantee. It will also make them aware of the danger of pension scams and how to avoid becoming a target. The government has been reforming the pension system over the last year, allowing people greater freedom to structure their retirement income. People aged 55 and over will have full access to their cash and products such as income drawdown from April 6. The government has set up a free impartial guidance service to support savers in making ...

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 Your profession

Octopus CEO: 'Advisers are the GPs of money – but AI will do the heavy lifting'

Octopus CEO: 'Advisers are the GPs of money – but AI will do the heavy lifting'

Simon Rogerson urges financial planning profession to embrace tech or risk irrelevance

Sahar Nazir
clock 15 May 2025 • 2 min read
Timeline launches first multi-asset fund in bid to simplify investing for advisers

Timeline launches first multi-asset fund in bid to simplify investing for advisers

Firm eyes FCA approval to roll out low-cost, evidence-based fund aligned with adviser demand

Sahar Nazir
clock 15 May 2025 • 2 min read
Pete Matthew: 'Arrogant' advisers need to 'get over themselves' to scale growth

Pete Matthew: 'Arrogant' advisers need to 'get over themselves' to scale growth

Advice business owner and planner expresses frustration at industry

Sahar Nazir
clock 15 May 2025 • 1 min read