Well-off retirees on top of freedoms despite 'poor provider contact'

A survey of the retirement planning website's user base, mainly well-off people with average private pension assets of £146,000, found more than half (54%) had still not been contacted by their pension provider in light of pensions freedom. The government's retirement reform package, which gives defined contribution savers complete access to their pension pots at the age of 55, was introduced on 6 April. RetireEasy's survey found 34% had been contacted by their providers and only 8% had heard from their pension plan advisers about charges for deducting funds early. However, despite...