Pensions freedom: Six stats from the first six months

Four out of five cash lump sums paid out to under 65s

Jenna Towler
clock

Pensions freedom is six months old - to mark the occasion the Association of British Insurers (ABI) has released its six top facts to emerge from the reforms.

On 6 April, pensions freedom and choice gave over 55s unprecedented access to their defined contribution pension funds. People can now release funds subject to normal rates of tax and are no lon...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

SPP backs government changes to bring mandation powers more in line with Mansion House Accord

SPP backs government changes to bring mandation powers more in line with Mansion House Accord

Move follows Lords vote to remove reserve investment power from Pension Schemes Bill

Jonathan Stapleton
clock 08 April 2026 • 1 min read
Aon tracker shows uptick in DC retirement outcomes for Q4 2025

Aon tracker shows uptick in DC retirement outcomes for Q4 2025

Consultancy’s tracker rose from 71.3 to 73.4 over the final three months of 2025

Martin Richmond
clock 08 April 2026 • 3 min read
TPR urges smaller DC schemes to 'act now' amid increasing consolidation

TPR urges smaller DC schemes to 'act now' amid increasing consolidation

Regulator says achieving best outcomes for members will need to remain ‘paramount’

Martin Richmond
clock 31 March 2026 • 2 min read
Trustpilot