May I suggest that Government plans to increase retirement ages past 65 is nothing new and is currently being put into practice by Royal & Sun Alliance.
I am continually dealing with a client who has a small number of Royal & Sun Alliance pension plans which we have been trying to vest since September 9. Despite having conversations and correspondence with over 12 different members of the “retirement team”, we still appear to be no close to obtaining his tax-free cash.
Perhaps legislation should be brought in to make R&SA pensions compulsory. Then no one would be able to retire at 65.
Richard Short Bell & Co, Derby