Pension freedom preoccupation: Mike Morrison on the new retirement world

Pension freedom began in April 2015

clock • 4 min read

Mike Morrison takes stock of pension freedom and its impact on the retirement sector. More than a year after launch he believes we are just getting started...

Funny how, when faced with a blank piece of paper, you can be hijacked by the first information that you see on the day. So today I have unexpectedly ended up back on the topic of pension freedom.  In the last year or so we have started to get data on who has done what, how much money has been taken out and in what form. My thoughts at the time were, "all well and good but let's wait until we get some client views - more subjective data as opposed to objective". In many of the pension sessions that I have done over the last year, I have prefaced my talk by asking the audience how t...

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

FCA/TPR value for money framework a 'key priority' for 2024/25

FCA/TPR value for money framework a 'key priority' for 2024/25

Regulatory duo first announced a plan for common measurements in 2022

Hope Coumbe
clock 10 May 2024 • 1 min read
NAO finds estimated cost of dashboards has risen £54m

NAO finds estimated cost of dashboards has risen £54m

'The DWP must learn lessons from what happened on this programme'

Holly Roach
clock 10 May 2024 • 3 min read
FCA urged to redesign pension dashboard rules to 'prioritise customers'

FCA urged to redesign pension dashboard rules to 'prioritise customers'

AJ Bell calls on regulator to redesign the rules

Isabel Baxter
clock 09 May 2024 • 2 min read