Failing to make use of other savings first, taking more than is needed and poor timing are three of the most common mistakes made by people when accessing tax-free cash from their pension, says Fidelity International head of pensions policy, Richard Parkin.
Under the new pension freedoms, taking tax-free cash before full retirement is proving very popular - so much so in fact that data from Fidelity shows as many as three-quarters of those going into drawdown...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till