The high price of pension freedom – The Times highlights Neglect Assist concerns

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The Times Money section’s lead story includes an interview with Tim Wixted, managing partner of Neglect Assist raising his concerns about last year’s pension reforms.

After highlighting the case of a retired shop manager who lost £260,000 after falling prey to a salesman, Times reporter Mark Atherton interviews Mr Wixted. He raises concerns over the introduction of new pension freedoms commenting: “We predicted that the pension reforms would lead to a rise in savers being targeted. A quick look at online advertisements for guaranteed return investments shows this is the case.”

For the full article please click on this link (subscription required)

http://www.thetimes.co.uk/article/the-high-cost-of-pension-freedom-v6hfsvtjr

If you have been a victim of pension mis-selling please contact Neglect Assist by using the form on the right-hand side or calling 0800 152 2620

 

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