Instead of using the 'f-word' to describe the pension reforms that mark their second anniversary today, says Stephen Lowe, it is a shame they were not badged 'opportunity and choice'
Two years on from the pension ‘freedom' reforms, how many of today's over-55s are enjoying their new-found liberty? Certainly they are experiencing more choice and flexibility - I am just not so sure this complex new world is really their idea of freedom. In the run-up to the general election, promoting freedom ticked all the right boxes. Who would vote against it? It is a deliberately emotive word designed to appeal to people's hearts rather than their heads. This kind of words paint an attractive picture of a better future - as the brains behind ‘pension liberation' schemes fully under...
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