Pension freedoms have delivered flexibility in the last ten years, but 'at a cost'

AKG paper says consumers value choice but are aware of risk of running out of funds

Jasmine Urquhart
clock • 2 min read
Pension freedoms have delivered flexibility in the last ten years, but 'at a cost'

Pension freedoms have delivered flexibility but “at a cost”, according to research by financial strength ratings specialist AKG.

The ‘Ten Years of Freedoms' research paper, sponsored by Fidelity and Standard Life, looked at results from 2,000 consumers and 100 advisers, and found the majority (71%) of consumers value the abi...

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 Law and Regulation

HMRC repays £48.7m for overpaid pensions flexibility tax in Q2

HMRC repays £48.7m for overpaid pensions flexibility tax in Q2

First Actuarial promotes four to associate partner and L&G’s Katharine Photiou joins Maps advisory board

Jasmine Urquhart
clock 30 July 2025 • 1 min read
TPO sets out three-year roadmap to tackle rising demand

TPO sets out three-year roadmap to tackle rising demand

The Pensions Ombudsman sets out plan to tackle challenge of demand outstripping capacity

Jonathan Stapleton
clock 30 July 2025 • 3 min read
A legal snapshot: LGPS reforms, surplus release and s37 amendments

A legal snapshot: LGPS reforms, surplus release and s37 amendments

Jasmine Urquhart speaks to three lawyers about some of their current priorities

Jasmine Urquhart
clock 29 July 2025 • 3 min read
Trustpilot