Pensions

Scheme design has smart features that ameliorate potential downsides

Close to 2,000 advisers have left the pension transfer market in four years

Reinstatement would increase both complexity and costs

Two-fifths saw clients increase contributions in last six months

Triple lock policy ‘never intended to last forever’

Change in contribution is not exclusive to workplace pensions

Total flexible withdrawals top £72bn since April 2015

Chancellor felt ‘forced’ to act as number of people caught increased

Advisers place emphasis on obtaining clarity regarding pension taxation

This could mean losing out on £4,092 savings for those earning £35,000