People cautious over freedoms amid uncertainty around pensions system

Kristian Brunt-Seymour
clock • 3 min read

One year on freedom and choice has had a mixed effect with many savers using their flexibilities while others are still taking a wait and see approach.

Research of 9,300 people aged over 45 conducted by Prudential found nearly three-fifths (59%) had not been influenced enough by the April freedoms to take an income from their pension savings. N...

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

Most savers did not seek Pension Wise guidance in last four years

Most savers did not seek Pension Wise guidance in last four years

Just Group analysis shows only 5% of DC savers had in-person appointments with Pension Wise

Martin Richmond
clock 19 May 2025 • 2 min read
Low member engagement biggest obstacle to a default retirement solution, XPS says

Low member engagement biggest obstacle to a default retirement solution, XPS says

XPS research finds 37% cite low engagement as main challenge to implement retirement solutions for DC members

Martin Richmond
clock 15 May 2025 • 1 min read
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
Trustpilot