The retirees trapped by pension freedoms

James Phillips
clock • 5 min read

Freedom and Choice was designed to give savers more options at retirement, but some face a hard decision in order to take advantage. James Phillips explores the difficulties

At a glance Savers in old-style plans may have to give up tax-free protections Rights can be preserved through block transfers Members of smaller schemes face the hardest decision When...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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