Pensions freedom consumers treat new-found access with caution

Consumers handed access to their retirement savings pot are taking their time before making any big decisions, according to the Independent

At the beginning of April the media went into overdrive, speculating what would happen when people were given greater access to their pension cash, but it seems that the scare stories of people splurging on fast cars and expensive holidays were wide of the mark.

The pension providers have been much busier, as you’d expect. However, it seems that most people are looking for guidance and clarification about their options and the most suitable ways to manage their retirement savings.

Read More at The Independent