Siobhan Barrow: What retirement advisers have learned after five years of 'freedom'

George Osborne's baby

clock • 4 min read

Siobhan Barrow assesses the impact of pension freedom after five years of operation. Here she explains what advisers should be asking clients to ensure they get the most out of their retirement during these turbulent times

When pension freedoms were introduced by the government in 2015, they ushered in a new era of choice for customers, promising more control over how people manage their pension funds. Five years on and prompted by the government's recent announcement that the age for accessing pensions freedoms will be raised from 55 to 57 in 2028, many people may now be thinking about how they will want to access their pension pots. Financial advisers can play a key role here in helping people understand their options and prepare for the years ahead. Being honest about pension freedoms Since thei...

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