Many savers not accessing guidance or advice ten years on from pension freedoms

The organisation's report – Freedom and choice: Public attitudes a decade on – looks at savers' attitudes to pensions following the introduction of pension freedoms in April 2015 and questioned around 2,100 adults aged over 55. It found more people than before are now aware of the reforms and view them as beneficial, but many people are still retiring without seeking guidance or advice. The survey found 43% of respondents took no advice or guidance at all when it came to accessing their pensions, up from 40% in 2022 when the IFoA last conducted the survey. Also, just a fifth (20%) of tho...