Dear All
I have been looking at the effect making different choices among the new pension freedoms has on the net income of pensioners with average or lower pension savings. The differences can be substantial, particularly when taking lump sums rather than regular income (see my note at http://bit.ly/1VrupWS if interested).
I am wondering if there has been any research which has looked at the actual effect of choices made by pensioners. There are statistics on the type and number of choices made but I have been unable to find any work on the consequences on bottom line incomes.
I'd be very grateful for any pointers.
Gareth Morgan
Ferret Information Systems
See my welfare reform blog and papers at http://blog.cix.co.uk/gmorgan
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