Millions to be denied new pension freedoms Teresa Hunter looks at how millions of pension savers will be prevented from taking cash freely from their retirement funds next April unless they pay hefty penalties that could slash their pots by more than 20%. The government has decided not to force schemes to offer its much-vaunted new pension freedoms for the over-55s - and analysts say many providers will refuse to invest in the new technology required to implement the changes. The Sunday Times Money, p. 1
Posted on: Sun, 03 Aug 2014 12:32:26 +0000
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