A quarter of a million people have taken advantage of freedom and choice since the reforms came into effect last April, according to official figures.
Freedom and choice is producing unexpected results across DB and DC schemes
Working longer and sharing risk better would help, says Paul Johnson
Fidelity Worldwide Investment has revealed what its customers are spending their pension lump sums on, with one retiree using the cash to buy a red Routemaster bus.
The government's green paper on tax relief has been welcomed by the Trades Union Congress (TUC).
Michael Johnson sets out plans to curb freedom and choice
Savers approaching retirement should be defaulted into a not-for-profit annuity broker to protect them from making poor decisions after new flexibilities come in, argues the Centre for Policy Studies (CPS).
The industry believes putting a parliamentary guarantee on the 25% tax-free lump sum would increase saving, according to PP research.
This week readers share their thoughts on how politicians can make sure people get a decent income in retirement.
The industry is divided over whether there should be a cap on how much money defined contribution savers should be able to take as a tax-free lump sum, PP research finds.