'Archaic' policy strangling retirement choices

TISA calls for four aspects of pensions decumulation policy to be amended

Hope William-Smith
clock • 3 min read
The Treasury is among government and regulatory authorities TISA has called on to update policy
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The Treasury is among government and regulatory authorities TISA has called on to update policy

Government and regulators must update “archaic” decumulation policies to ensure retirement outcomes are enhanced for pension savers, The Investing and Saving Alliance (TISA) says.

TISA pointed to HM Revenue & Customs (HMRC), HM Treasury, the Department for Work and Pensions, The Pensions Regulator (TPR), and the Financial Conduct Authority (FCA) for failing to amend various policies...

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