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 ...
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