By Tanya Jefferies for Thisismoney.co.uk <\/p>\n
Published: 02:19 EST, 6 February 2015 | Updated: 05:30 EST, 6 February 2015 <\/p>\n
12 shares <\/p>\n
38 <\/p>\n
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Pension freedom reforms are only two months away and many retirees are eagerly awaiting the opportunity to unlock savings built up over decades. <\/p>\n
But although the big pension overhaul is still applauded on all sides, there is creeping concern some people at least will be tripped up by the new rules and make mistakes that cost them dear. <\/p>\n
That's not to lose sight of the potential advantages pension freedom will hand people trying to decide how best to fund their retirement - and wanting to spend a portion of their cash enjoyably, of course. <\/p>\n
Pension freedom: Are you baffled and uneasy about the reforms, or eagerly waiting to exploit the benefits? <\/p>\n
Yet big and serious risks are looming, like fraudsters stealing people's life savings, baffled retirees paying far too much tax, and the possibility of some treating their savings like a cash windfall and blowing them too fast. <\/p>\n
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Pension freedom - triumph or disaster in the making?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By Tanya Jefferies for Thisismoney.co.uk Published: 02:19 EST, 6 February 2015 | Updated: 05:30 EST, 6 February 2015 12 shares 38 View comments Pension freedom reforms are only two months away and many retirees are eagerly awaiting the opportunity to unlock savings built up over decades. But although the big pension overhaul is still applauded on all sides, there is creeping concern some people at least will be tripped up by the new rules and make mistakes that cost them dear. That's not to lose sight of the potential advantages pension freedom will hand people trying to decide how best to fund their retirement - and wanting to spend a portion of their cash enjoyably, of course Continue reading