Two-thirds of defined contribution (DC) pension schemes are offering members the chance to access the freedom and choice reforms launched last month, according to research.
But while the vast majority (94%) of these were allowing people to cash out their pots through the uncrystallised funds pension lump sum (UFPLS), only 14% were providing flexi access drawdown, the ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
