While brokers have been bombarded with queries about the pension freedoms that arrived on 6 April, advisory offices up and down the country have been veritable oases of calm by comparison. Here, five IFAs share their early experiences...
'He thought he could get another lot tax free' John Kirk, managing director, Edwards Financial Services Number of enquiries since 6 April: Two What were they about? Both about getting their money out. One I've agreed to because it's £20k and, well, it's a pain for everyone involved. The other's more complicated. I've told him what to expect in terms of the tax implications, and suggested it would not be a good idea. I'm hoping he'll go away and think about it. He'd already taken his lump sum and thought he could get another lot tax free. I do expect calls from some people...
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