Decumulation decisions: pensions freedoms journeys

The PLSA commissioned research to examine how individuals age 55 – 70 with a DC pension pot not yet in payment accessed their pensions between October 2015 and December 2016.

Our research shows that an estimated 700,000 55-70 year olds accessed their pension pots through the Pension Freedoms between October 2015 and December 2016; however it is unclear whether they received the right level of support in making these decisions. PLSA commissioned research to examine how individuals age 55 – 70 with a DC pension pot not yet in payment accessed their pensions between October 2015 and December 2016.