Mixed messages from govt on pensions freedom intervention

Work and pensions secretary Iain Duncan Smith wrote in the Telegraph the government is ready to "name and shame" providers who are giving customers poor deals in relation to pensions freedom. He also said the government has begun talks with regulators to ensure that people have the flexibility they deserve and will "not hesitate to take action". But in a recent interview with BBC Radio 5 Live pensions minister Ros Altmann said the government will not intervene immediately to force pension providers to deliver on promised freedoms. It will "give the reforms a chance" first to "see h...