Freedom and choice in pensions revolutionised the world of retirement income and gave individuals greater control over their retirement plans – but with this comes increased risk and responsibility for all. With this in mind, WEALTH at work conducted a survey with PMI to investigate what Trustees are doing to support pension scheme members as they make decisions to access their retirement savings.
The survey received 65 responses from a range of Trustees which were completed online and via paper over 4 months from December 2018 until March 2019. Figures have been rounded to the nearest whole number or to one decimal place where appropriate.
Last update: 18 May 2020