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Talkback

“No because one of the benefits of a pension is the ability to draw down that lump sum. Some people have already drawn down income from their pension and it would be unfair for others not to.”

Emma Ames, Cathedral Financial Management

“No. A lot of people do not have much faith in pensions already.”

Howard Pickersgill, Howard Pickersgill & Co

“It would be entirely in accordance with the Government preaching pensions and then disincentivising people from using them. It would be ludicrous.”

Owen Temple, F&BI Financial Advisers

“Definitely not. The situation with the pension market and consumer confidence is low and if they use more sneak tactics to get money back into the Government&#39s coffers, it will be pretty underhand and will drive the pension market down even further.”

Carl Bowler, Fairway Financial Services

“No. Getting rid of a benefit is hardly likely to be an inducement to saving.”

Peter Imeson, Peter Imeson Financial Services

“No. It is a big incentive to taking out a pension.”

Robert Humberstone, Highcross Insurance & Finance

“No. It is a valuable benefit and without it, even fewer would buy a pension.”

Trevor Hibbins, Hibbins Financial Services

“No. It is getting rid of the one major perk of a pension.”

Martin Bradshaw Grosvenor IFA

No 100%

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