Stephen Timms on pension freedoms, guidance and advice

FT Adviser · Feb 11, 2022 · 14m

The work and pensions select committee has published a report on the five years of pension freedoms which found that savers needed more support to navigate the pension regime.Overall, the MPs found pension policy had revolved too much around pension pots rather than the individuals who were relying on this money for their later life security.The committee said the government and regulators needed to play a more active role than they did when the pension freedoms were first introduced to help guide savers.This week FTAdviser news editor Amy Austin talks to Stephen Timms, the committee's…