Pensions Advice
Refreshed April 2024 | CPD time: 1 Hour
The government changes introduced in April 2015 give individuals far greater freedom over how to take their retirement savings, changing overnight the expected default option of an annuity purchase. This module investigates the issues relating to giving financial advice and guidance following the introduction of the new ‘pension freedoms’, transfer and decumulation, and problems with accessing the new freedoms.
1. Introduction and Background
2. Advice or Guidance?
3. Advice During Accumulation
4. Defined Contribution Pension Freedoms
5. Transfers and Decumulation
6. Problems with Accessing New Freedoms
Module Test