Pension freedoms introduced too fast with safeguards passed over

Hope William-Smith
clock • 2 min read

Corners were cut in the 2015 introduction of pension freedoms which have left pension savers vulnerable and suffering, according to Work and Pensions Committee (WPC) chairman Stephen Timms.

Speaking at a Fabian Society event yesterday (23 February) Timms signalled his agreement with reflections from Bank of England governor Andrew Bailey last March regarding the speed of the introduct...

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