Another spin of retirement roulette for pension savers

Is it finally time for an independent Pensions Commission?

clock • 5 min read

Knockabout politics is part of the Westminster circus, and it's fun to watch, but it's doing a disservice to our pension system, writes Laith Khalaf.

Roll up, roll up! Place your pension bets, please! What will your expenditure be in retirement? How long will you live for? Will you need a bigger pension to pay for long-term health care? What investment returns are you going to get? And what income will your final pot generate? These are some of the ordinary uncertainties pension savers and their advisers have to navigate, and which are reflections of the irregularity of markets, and life. But what is hard to swallow is how much more difficult things become as a result of the constant chop and change of pension rules coming from Westmi...

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 Pensions

Chancellor's move to pause Pensions Review 'deeply disappointing'

Chancellor's move to pause Pensions Review 'deeply disappointing'

Rachel Reeves has reportedly pressed indefinitely paused the review

Jenna Brown
clock 16 December 2024 • 3 min read
FCA targets pension transfers and SIPPs in major review

FCA targets pension transfers and SIPPs in major review

Regulator launches review of DC pension rules

Isabel Baxter
clock 13 December 2024 • 4 min read
Why wait for targeted support? Industry can build client confidence now

Why wait for targeted support? Industry can build client confidence now

'The power of compound interest should not be underestimated'

Andrew Tully
clock 10 December 2024 • 3 min read