What scheme members will do with DC freedoms

While most don't know what they will do, those that cash out will hand £1.6bn to HMT

Stephanie Baxter
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Stephanie Baxter finds that most DC savers have no idea what they will do with their pots next April but those cashing out could give Treasury £1.6bn tax windfall

Since this year's Budget there has been much speculation over how defined contribution (DC) members will react to the "freedom and choice" they will be presented with in April. An absence of hard f...

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