TUC: Nearly 400,000 savers left to fend for themselves

James Phillips
clock • 2 min read

Retirees are increasingly exposed to fraudsters since the pension freedoms were introduced due to the high cost of advice, according to the Trades Union Congress (TUC).

Nearly 400,000 people accessed their defined contribution (DC) savings between April 2015 and March 2016 without receiving financial advice, according to the trade union association. This figure in...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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