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

More on Industry

Virgin Media legislation 'pivotal' but trustees must use skilled judgement

Virgin Media legislation 'pivotal' but trustees must use skilled judgement

PMI says ruling offers relief, but accountability and scrutiny remain essential

Holly Roach
clock 16 July 2026 • 1 min read
SPP: Simpler pension transfer plans 'unlikely' to work as intended

SPP: Simpler pension transfer plans 'unlikely' to work as intended

SPP highlights loophole in proposed employment link red flag meant to curb SSAS transfers

Holly Roach
clock 16 July 2026 • 2 min read
PSIG announces relaunch with updated mission statement

PSIG announces relaunch with updated mission statement

Group says it plans to publish updated code of practice later this year

Martin Richmond
clock 16 July 2026 • 2 min read
Trustpilot