Consultation reveals support for Budget overhaul of pensions

How the industry responded to the Freedom and Choice in Pensions consultation

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The pensions industry has responded positively to Treasury's Freedom and Choice in Pensions consultation that was launched after the Budget. Responses to the consultation, which closed today, supported giving savers more flexibility in the retirement choices, but the question of how to deliver the government's ‘guidance guarantee' continues to split the industry.

Pot freedom Standard Life head of workplace strategy Jamie Jenkins says that the firm are in full support of the government's decision. "We fully support the government's aim of giving pensio...

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