As trustees brace themselves for the biggest changes to the pension system for a decade, what steps must they take to be ready?
The majority of people accessing their pensions for the first time will be overpaying tax, Prudential head of business development Vince Smith-Hughes has warned.
The NAPF’s Graham Vidler says people need a default retirement pathway
PP looks at the issues schemes will have to address after 6 April
Natasha Browne looks at how schemes should prioritise the main reforms coming into effect on 6 April
So Budget day was another busy day for the PP team with further cuts to the lifetime allowance and plans for a secondary annuity market unveiled.
There is a risk that pensioner poverty will increase after the implementation of freedom and choice from next month, according to a leading think tank.