Welcome to my first Pensions Insider blog.

Although I have more than 40 years’ experience in pensions I am totally new to blogging, so please bear with me!

These are “interesting times” for pensions.  Whether Freedom & Choice will turn out to be a great success, or be seen in hindsight as a disaster, nobody knows – though plenty are prepared to speculate.  Add in the uncertainties created by the forthcoming General Election and we really are in uncharted territory.

At the very least it seems safe to say that the April 2015 changes will generate a lot of confusion and misunderstanding in the short term, which all pension professionals will need to address urgently.  Do please share your experiences so far, good or bad.

Speaking of the new freedoms, it’s interesting that the government is so visibly taking responsibility for the new Pension wise service.   Given the risks involved with anything this new, and especially in view of the tremendous haste with which it has been introduced, one might have expected that they would distance themselves from it so that any fiascos – and there will surely be some – could be laid at the door of Citizens Advice or TPAS.  (When did Citizens’ Advice drop their apostrophe, I wonder?  Harrumphhh.)  But no, it’s badged as a government service so that’s where the buck will stop.  Brave or foolhardy?

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