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Could UK expats miss out on ‘freedom of choice in pensions’?

Could UK expats miss out on ‘freedom of choice in pensions’?

It was with some excitement that the pensions industry welcomed George Osborne's Budget statement in March this year; for the first time, pension savers would have full flexibility over their retirement decision and those who wished to do so, could withdraw their entire fund at minimum retirement age.

The commentary around these proposals was hugely positive and suddenly pensions had become front page news. 

Earlier this week, HM Treasury released its response to the 12 week consultation which had taken place with a wide range of stakeholders, including pension providers, employers, consumer groups, investment banks, think tanks, public sector bodies, law firms, actuarial firms and individuals.

Please link to International Adviser to read the full article by Mark Sanderson

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