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

Pensions gender gap: A low-profile injustice that deserves more attention

Pensions gender gap: A low-profile injustice that deserves more attention

'Pensions are one of the few financial products where time is the single biggest driver of outcome'

Jessica Cook
clock 24 August 2026 • 4 min read
Advisers place focus on retirement support as providers lack 'meaningful' engagement

Advisers place focus on retirement support as providers lack 'meaningful' engagement

People’s Pension poll shows 54% of IFAs say providers struggle to create ‘meaningful’ engagement

Martin Richmond
clock 19 August 2026 • 3 min read
Pensioner poverty has risen for more than a decade, warns LCP

Pensioner poverty has risen for more than a decade, warns LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 18 August 2026 • 4 min read