Pension freedom ripple effect: Are your clients aware of the issues?

Knock-on effects are starting to be felt

clock • 3 min read

Martin Jones looks at the ripple effects of pension freedom including the consequences for divorce, bankruptcy and even child support

Over the last decade, financial advisers have had to keep on top of countless changes to the pensions rules. The constant movements in lifetime allowance, numerous forms of protection, slashing of the annual allowance and various anti-forestalling measures have all been challenging at times. So the pond was already pretty murky. Then the pension freedoms went and dropped a massive stone in it. We all saw the splash. But it's only now that we are seeing the ripples. Three areas come to mind where knock-on effects are being felt, and importantly these go wider than just pensions. These ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

MoneyHelper pension dashboard expected to launch in 2027/28

MoneyHelper pension dashboard expected to launch in 2027/28

Maps CEO says ‘significant’ progress has been made since schemes began connecting to ecosystem

Martin Richmond
clock 21 May 2026 • 2 min read
Up to 15 million not saving enough for retirement, Pensions Commission warns

Up to 15 million not saving enough for retirement, Pensions Commission warns

Report looks at the state of retirement saving in the UK

Holly Roach
clock 19 May 2026 • 3 min read
Standard Life extends Sharia proposition with lifestyle strategy launch

Standard Life extends Sharia proposition with lifestyle strategy launch

Move comes in partnership with HSBC Asset Management and Franklin Templeton

Jonathan Stapleton
clock 19 May 2026 • 3 min read