
Why Pension Freedoms mean more needs for advice
When the changes to pensions came into force in April 2015 the headline writers talked about people now being able to access their pensions to buy Lamborghinis. In reality more than 1.5 million people have drawn from their pension since the changes. The latest figures from the Her Majesty’s Revenue and Customs stated that the average withdrawn was only £6,000. This may be because more and more people are starting to realise that pensions are a safe place to save money and