Saga responds to Which? Pension Freedom reportWednesday 22 July 2015
Responding to the Which? report about the true cost of pension freedom, Paul Green, Saga's director of communications commented:
Saga responds to Which? Pension Freedom report
"George Osborne is doing the right thing and trusting people with their own money. But the big question is: can people trust pension firms to treat them properly and not use the freedom to access your pension savings as an opportunity to extract more profit from savers?
People need to get the right guidance, advice and protection or else the 'right in principal' policy may become the 'wrong in practice' outcome. The financial services industry needs to respond by developing a new range of value for money products."
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