Pension freedoms reform called for after fears savers will run out of money

Holly Roach
clock • 3 min read

Further reforms to pension freedoms are needed to ensure the long-term success and sustainability of pension freedoms, according to the Association of British Insurers (ABI).

The trade association's report - Future Proofing the Freedoms - comes five years after the introduction of freedom and choice and reveals the rate at which over 55s are withdrawing money from their...

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

Holly Roach
Author spotlight

Holly Roach

Deputy Editor at Professional Pensions

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Reform sovereign wealth fund, TPR warning over Tuffnells scheme and PPF sets zero levy for 2026/27

Professional Pensions
clock 27 February 2026 • 1 min read
Just Group records 39% drop in underlying operating profit

Just Group records 39% drop in underlying operating profit

Drop driven by lower new business margins on lower sales

Holly Roach
clock 27 February 2026 • 2 min read
News Digest: Former L&G boss Nigel Wilson to chair Brookfield's Just Group

News Digest: Former L&G boss Nigel Wilson to chair Brookfield's Just Group

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 27 February 2026 • 1 min read
Trustpilot