Source · Select Committees · Work and Pensions Committee

Recommendation 1

1 Paragraph: 7

The pension freedoms gave people the freedom to choose what to do with their money.

Conclusion
The pension freedoms gave people the freedom to choose what to do with their money. On balance these changes have been a success and we do not want to see them rolled back. However, many savers need more support than they currently receive in order to make good decisions about how they access their pension savings.
Paragraph Reference: 7
Government Response

A response document is linked to this report, dated 27 April 2022. Response attribution to this conclusion has not been verified. Read the response document ↗