The Times Money section’s lead story includes an interview with Tim Wixted, managing partner of Wixted & Co Solicitors raising his concerns about last year’s pension reforms.
After highlighting the case of a retired shop manager who lost £260,000 after falling prey to a salesman, Times reporter Mark Atherton interviews Mr Wixted. He raises concerns over the introduction of new pension freedoms commenting: “We predicted that the pension reforms would lead to a rise in savers being targeted. A quick look at online advertisements for guaranteed return investments shows this is the case.”
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