ABI launches pension freedom awareness campaign

Carmen Reichman
clock

The Association of British Insurers (ABI) has launched a campaign to help customers understand their choices in retirement following the government's pension reforms.

‘Your Retirement, Your Choice' will seek to prevent people from rushing into decisions while pointing them to the government's guidance guarantee. It will also make them aware of the danger of pension scams and how to avoid becoming a target. The government has been reforming the pension system over the last year, allowing people greater freedom to structure their retirement income. People aged 55 and over will have full access to their cash and products such as income drawdown from April 6. The government has set up a free impartial guidance service to support savers in making ...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Cautious' wealth managers reduce exposure to US following Trump's return

'Cautious' wealth managers reduce exposure to US following Trump's return

Biggest negative US sentiment swing for 15 years

Sahar Nazir
clock 02 April 2025 • 1 min read
Titan Wealth snaps up Workplace Advice Group

Titan Wealth snaps up Workplace Advice Group

Acquired business will ‘work closely’ with Titan Wealth Planning

Sahar Nazir
clock 01 April 2025 • 2 min read
FSCS deposit protection limit could rise to £110,000

FSCS deposit protection limit could rise to £110,000

Proposal would take effect from December 2025 if approved

Sahar Nazir
clock 31 March 2025 • 2 min read