Commenting on today’s figures showing flexible payments from pensions Helen Morrissey, pension specialist at Royal London, said:
“Today’s figures show the appetite for pension freedoms remains undimmed with more than £25bn being accessed since Freedom and Choice was introduced in April 2015. With more than £2bn being accessed in the last quarter alone it is clear the reforms have injected real flexibility into people’s retirement planning.”
Notes to editors:
Flexible Payments from Pensions stats can be found at:
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/797818/Pension_Flexibility_Stats_Apr_2019.pdf
For further information please contact:
Helen Morrissey, Corporate PR Specialist – Long Term Savings
- Email: helen.morrissey@royallondon.com
- Tel: 0203 272 5433
- Mob: 07919 170 712
About Royal London
Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £130 billion, 8.8 million policies in force and 4,046 employees. Figures quoted are as at June 2019.
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