Pensions revolution in chaos as reforms are ‘rushed through’ – deVere’s Nigel Green comments on the Daily Mail Online

Thousands of savers face pensions chaos because of radical new reforms

Nigel Green, the boss of financial adviser deVere Group, called the preparations ‘alarmingly chaotic’ and accused the Government of a ‘cynical ploy’ to win votes ahead of May’s election. He said firms will struggle to update their computer systems in time, meaning thousands wanting to cash in their pots will not be allowed to do so.
‘It seems as though this monumental shake-up of Britain’s pension landscape is being pushed through to win support from the influential over-55 demographic ahead of the forthcoming General Election,’ he added.

Read Full article HERE.

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