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

Partner Insight: A just transition in banking – support for pension investors

Partner Insight: A just transition in banking – support for pension investors

Royal London Asset Management share what four years of collaborative engagement with the UK's largest banks revealed about progress, gaps and what comes next

Royal London Asset Management
clock 18 March 2026 • 5 min read
Master trusts 'dominate' DC market, TPR data shows

Master trusts 'dominate' DC market, TPR data shows

Regulator urged schemes that do not offer value to consolidate

Holly Roach
clock 17 March 2026 • 3 min read
Government must be cautious of DC investment interference

Government must be cautious of DC investment interference

LCP and Frontier Economics report finds there is ‘no clear case’ to override trustees’ investment decisions

Martin Richmond
clock 17 March 2026 • 4 min read
Trustpilot