How A-Day will affect your pension plans

A-Day is just around the corner - but do you have any idea how it will affect your pension plans? MoneyWeek invited five financial advisors to give their opinions on the changes. To find out how the new pensions regime could affect your retirement plans, read on...

Every month we invite the best investors we know for dinner and ask them what they think about the markets. This time, we asked five financial advisers to give us their views on how A-Day' when new regulations come into force on 6 April will affect our pensions.

Danny Cox: I think we will look back at A-Day in about ten years' time and see the benefits. For the majority of people, after A-Day you can pay as much as you want into whatever pension you like; you can join multiple pensions; you can move your money from one pension into another; and you will be able to retire at 55 and not have to buy an annuity although most people will probably still need to.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.