I have just been giving a presentation on intergenerational planning in using SIPPs and SSAS and as ever I am in awe of what can be achieved using a pension these days.

Here we are again looking at the annual review from the Financial Ombudsman Service of complaints they have received and dealt with in 2017-18.

In the final report of its inquiry into pension freedom and choice, the Work and Pensions Committee calls for a simple package of measures to create better informed, more engaged pensions savers – and offer a default decumulation pathway to protect the less engaged.

There isn’t anything wrong with a defined benefit transfer for the right person at the right time for the right reasons, but it is a complex decision. So rightly, I believe, there is the advice requirement but this can cause issues for those that can’t afford to pay for advice.