In this week's quick fire RP poll we ask RP readers: Should withdrawals from pension pots to fund long-term care costs be made tax free?
To let us know your views visit the poll HERE. Last week's poll asked: Will platforms face a capacity crunch post-April 2015? Advisers are of the opinion that platforms will struggle to cope when pension freedoms begin. Some 67% thought platforms businesses will struggle to cope with demand. Far fewer - 22% - were confident platforms would cope. The rest, 11%, didn't know. The poll came after Standard Life sounded alarm bells. It said demand for drawdown is likely to increase by a factor of five when retirement freedoms kick-in, causing a provider and platform ‘capacity crunch'....
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes