Advisers are warning the message on pension reforms has been misunderstood after experiencing a surge in interest from people looking to cash in their annuities.
The twin regulatory regime governing the pensions landscape could end up confusing scheme members over their at-retirement choices after April, experts say.
The Trades Union Congress (TUC) has warned that savers will be ripped off in ways that are "perfectly legal" when they can access their defined contribution (DC) pension pots from this April.
Yesterday's statement was nothing compared to the shock announcement in the Budget, but there was still plenty for the pension industry to chew on. Here are the main talking points.
Savers are in danger of being ripped off when they access their pension after April because of a lack of safeguards, warns the Trades Unions Congress (TUC).
Steve Webb speaks to PP about his plans for more changes
Michael Klimes looks at what must be done to to get the service up and running by April 2015
Natasha Browne says member-nominated trustees should continue to play a role
Labour should reverse the pension freedoms announced in the Budget 2014 if it wins the general election in May, a leftist think-tank has said.
The Budget pension freedoms are a tax collection measure set to drive short-term spending with long-term consequences, Punter Southall has warned.