​”The pension reforms must benefit everyone who wants to take advantage of the freedoms.”​- Which? response to ​cap on pension exit fees

 Which? executive director, Richard Lloyd, said:

“It’s good to see the Government taking action to stop people being charged excessive amounts for accessing their pension pot early. The pension reforms must benefit everyone who wants to take advantage of the freedoms. Today’s announcement will be welcome news to those people who will be able to access their money flexibly without being unfairly penalised.”

Statement