Over 55s could face large pension exit fees come April

Adrian Holliday
Office for Tax Simplification announcement
Office for Tax Simplification announcement

While George Osborne drew plenty of praise - and also fire - for overhauling the UK's pension landscape in the spring, there's new concern on pension pot charges. Specifically for the over 55s who want to cash them early in the near future. Some charges could be more than 20% of their total investment.

Why aren't all UK pension pots being treated equally?