Freedom and choice will see UK become European 'pension haven'

Pinsent Masons head of strategic development for pensions Robin Ellison said changes to legislation introducing pensions freedom meant other EU pension systems would be seen as less favourable to savers. He added it was likely people would begin to transfer their savings to Britain to take advantage of George Osborne's reforms. He explained systems in countries such as Spain and Germany were far less flexible than the UK's new regime and people currently "trapped" would begin to move their assets. "If we stay in Europe the UK will become a haven for pensions. "It is an opport...