With over £9.2bn cashed in since April 2015, have pension freedoms been an unequivocal success? Ros Altmann, the former minister of state for pensions, says Yes. Pension freedoms could be the most popular pension reform ever. Suddenly, instead of having to lock into inflexible, potentially unsuitable insurance company annuities, you can choose how and when to use your fund. The average amount withdrawn was just around £5,000. If that’s all [...]