By Jeff Prestridge for The Mail on Sunday <\/p>\n
Published: 04:34 EST, 23 March 2015 | Updated: 04:34 EST, 23 March 2015 <\/p>\n
On the surface, pension freedom seems all-empowering, putting people in control of their hard-earned savings. <\/p>\n
But the pension waters remain as dangerous post April 6 as they are now. <\/p>\n
So here are your ten top tips on how to benefit from the new pension regime and how not to trip up. <\/p>\n
Right direction?: Make sure you don't trip up when making your pension choices <\/p>\n
1. You don't have to act immediately <\/p>\n
Although the new freedoms pave the way for you to raid your pension funds from age 55, this doesnt mean those who are eligible should go out on April 6 and buy a Lamborghini or take out cash. <\/p>\n
Richard Jones, retirement director at insurer Scottish Widows, says: You dont have to wake up on April 6 and suddenly take decisive pension action because freedom day has arrived. <\/p>\n
If you have been saving in a pension for 30 years, what to do next is not a 30-minute decision. Take your time. <\/p>\n
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Go here to read the rest:<\/p>\n
Ten tips for pensions freedom and a wealthier retirement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By Jeff Prestridge for The Mail on Sunday Published: 04:34 EST, 23 March 2015 | Updated: 04:34 EST, 23 March 2015 On the surface, pension freedom seems all-empowering, putting people in control of their hard-earned savings. But the pension waters remain as dangerous post April 6 as they are now. So here are your ten top tips on how to benefit from the new pension regime and how not to trip up. Continue reading