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

DC master trust investment in climate solutions lags, XPS finds

DC master trust investment in climate solutions lags, XPS finds

Firm’s analysis finds majority of targets still rooted in net-zero emissions reduction

Alex Levy
clock 02 September 2026 • 2 min read
Partner Insight: Re-thinking (private) equities for pension portfolios

Partner Insight: Re-thinking (private) equities for pension portfolios

For DC schemes considering incorporating private equity, accessing the right areas of the market will be key to translating the asset class’s potential into improved outcomes for members.

Nils Rode, Chief Investment Officer, Schroders Capital and James Wall, Head of Defined Contribution Business Development, Schroders
clock 28 August 2026 • 6 min read
DC growth-phase strategies show positive returns despite 'volatile' start to 2026

DC growth-phase strategies show positive returns despite 'volatile' start to 2026

Isio analysis of DC master trusts found providers maintaining long-term growth focus

Holly Roach
clock 27 August 2026 • 2 min read
Trustpilot