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Catch up with the latest press releases from LV=

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Head of Policy at LV= responds to HMT figures showing £9.2 billion has been released by pension freedoms

Press release: 25/01/2017

Responding to HMT figures showing £9.2 billion has been released by pension freedoms, Philip Brown, Head of Policy at LV=, said:

“The pension freedoms have given people welcome choice over what to do with their money and it's good to see the reforms working as intended. However, we know that many people still aren’t taking financial advice at retirement, or exercising choice, and these numbers don’t show whether retirees received sufficient support to make the right decision about what to do with their money. Better access to advice should help more consumers understand their options, shop around, and ensure they have the right blend of products to meet their changing needs throughout retirement.”

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