Simon Read: 'Got your eye on a speedboat? New pension rules are not as simple as that'
This week marks the first few days of the pensions revolution that has, in theory, allowed people aged 55 and older to do what they like with their retirement savings. The big pension firms have reported high demand from customers following the launch of pension freedoms on Monday. Standard Life, for instance, said: "We have received an unprecedented level of customer contact."