Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/30517
Appears in Collections:Economics Newspaper/Magazine Articles
Title: Many over-55s can't cope with pension freedoms - it may now be time to scrap them
Author(s): Comerford, David
Keywords: financial advice
annuities
UK election 2019
Issue Date: 25-Nov-2019
Date Deposited: 6-Dec-2019
Publisher: The Conversation Trust
Citation: Comerford D (2019) Many over-55s can't cope with pension freedoms - it may now be time to scrap them. The Conversation. 25.11.2019.
Abstract: First paragraph: For decades, the UK pensions industry could have been described as sleepy: a lack of vim and vigour borne of long time-scales and limited innovation. Come April 2015, everything changed. The UK government scrapped the system that all but forced retirees without final salary schemes to buy an annuity with the money they had saved in their pension plans. Instead, those reaching the age of 55 were suddenly gifted “pensions freedom” to invest, cash-in or annuitise their savings.
Type: Newspaper/Magazine Article
URI: http://hdl.handle.net/1893/30517
Rights: The Conversation uses a Creative Commons Attribution NoDerivatives licence. You can republish their articles for free, online or in print. Licence information is available at: http://creativecommons.org/licenses/by-nd/4.0/
Notes: https://theconversation.com/many-over-55s-cant-cope-with-pension-freedoms-it-may-now-be-time-to-scrap-them-127478
Affiliation: Economics
Licence URL(s): http://creativecommons.org/licenses/by-nd/4.0/

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