Pensioners are at risk of overspending in their retirement years due to flexibilities allowing them to withdraw straight from their defined contribution (DC) pots, according to Prudential.
Retirement income expert Vince Smith-Hughes (pictured) welcomed the Budget freedoms but warned that retirees could run out of cash sooner than they expected. Drawing on life expectancy data fro...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders