Pension Freedoms: Revolution or Evolution?

With pension freedoms marking its fifth anniversary, the FCA’s retirement outcomes review could be viewed as a check-up, to see how providers are adapting to their new role. The review concluded more help was needed for non-advised consumers in drawdown to make decisions and greater information was needed around charges.

The retirement outcomes review identified the following new rules and guidance to improve client outcomes and by design, inform and educate:

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