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MHK continues fight for pension freedom

Fri, 17 Jul 2015

The need for greater pension freedom is back on the agenda.

Michael MHK Alf Cannan says he isn't sure why government isn't more forthcoming about introducing it.

Next week, he will ask Tynwald to support the concept.

As it stands UK residents can access their pension pot from the age of 55, with the ability to withdraw as much as they like.

Mr Cannan told us he will continue trying to encourage members to see sense:

He says the private sector may need to pay the price in the short term:


  • Alf Cannan

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