The new framework aims to shift the focus from costs to long term value.

The new framework aims to shift the focus from costs to long term value.
Of the £83 billion taken in flexible payments since inception in 2015, 65% has been taken by those aged under 65.
Chancellor warns '£22bn black hole' will force tough decisions on tax at 30th October Budget, but where could the Treasury look to raise extra revenue?
Market activity for unadvised DC transfers has increased by more than 50% in just four years.
Just £2.2m in arrears has so far been paid out compared with an estimated final bill of £1.15 billion.
Only 4% who were aware of the possibility said they would consider making contributions for someone else or have already done so.
879 customers paid a total of £69.1m into bonds which have since defaulted.
Just over 1 in 5 of all pensioners have state pensions above the income tax threshold.
More than 23,000 of the 28,118 amber flags raised were due to either an unknown reason or for a potentially low risk transfer.
Half of early pension dippers didn’t receive any advice or guidance before accessing their pension.
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