Taxpayers, the state and retirees have an uncertain future because of the ‘freedom and choice' reforms introduced in April, according to research.
The study, published by the Social Market Foundation (SMF), finds there are serious long-term risks if an early warning system is not developed to assess the risk individual savers face. Golden Years? What freedom and choice will mean for UK pensioners investigates possible outcomes for savers based on behaviour of pensioners in other countries. SMF director of research and report author Nigel Keohane said: “Pension freedom may be new to the UK but such approaches have been well tried and tested elsewhere. "Our research into the real-life experiences in Australia and the USA provid...
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