Your pension at risk: Firms warn savers against raiding their pensions for quick cash

Your pension at risk: Firms warn savers against raiding their pensions for quick cash
 

In the April budget of 2015 Chancellor George Osborne made a number of radical changes to how British savers prepare for retirement.
The change promised, “freedom and choice in pensions” and the ability for people to unlock the value in their pensions and use it for other investments that could provide value in later life, like a new home, or a more aggressive investment portfolio.
At the time, MoneySavingExpert Martin Lewis said: “I suspect George Osborne does picture himself as a financial freedom fighter. Yet only time will tell whether these reforms will paint him as the man who... read more

 
12 February 2018 in Business, Views: 63
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