Work and pensions committee says lack of clarity and support since relaxation of rules and risk of scams are ‘endangering savers’Pensions could become the next mis-selling scandal if stronger support is not offered to consumers taking up the novel retirement freedoms, MPs absorb warned. The Commons work and pensions committee said the freedom introduced in April was “not yet operating entirely as it should” – and a lack of clarity was “endangering pension savers.
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Source: theguardian.com