What scheme members will do with DC freedoms

While most don't know what they will do, those that cash out will hand £1.6bn to HMT

Stephanie Baxter
clock

Stephanie Baxter finds that most DC savers have no idea what they will do with their pots next April but those cashing out could give Treasury £1.6bn tax windfall

Since this year's Budget there has been much speculation over how defined contribution (DC) members will react to the "freedom and choice" they will be presented with in April. An absence of hard f...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

DC Conference Manchester: Register now!

DC Conference Manchester: Register now!

The DC event is being held at Manchester on 17 September

Professional Pensions
clock 14 May 2025 • 1 min read
Urging pension funds to act patriotically has become politically plausible

Urging pension funds to act patriotically has become politically plausible

Backstop plans to mandate private asset investment has global precedent

Gregg McClymont
clock 13 May 2025 • 5 min read
How pension providers are tackling the private markets challenge

How pension providers are tackling the private markets challenge

There is investment in a wide range of private market assets through a variety of structures

Jonathan Stapleton
clock 12 May 2025 • 17 min read
Trustpilot