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We'll be making some updates to our systems from 1pm on Saturday 25 May to 12pm on Monday 27 May.

During this period some services will be unavailable. Thanks for your patience.

Contact our press team

Eloise Henderson
Head of Strategic Communications
T: 01293 205335
M: 07741 384460
E: media@bandce.co.uk

Alana Stuart
Press Officer
T: 01293 205332
M: 07471 354733
E: media@bandce.co.uk


The 2014 Budget brought sweeping changes to the UK’s pension system. From April 2015, people will have substantially more freedom in how they access their pension savings. The government issued a consultation on these changes.

We generally support these changes, which we believe will make pension saving more attractive. Importantly, more freedom allows pension providers to offer a greater range of products to meet the needs of more savers.

The government responded to its consultation in July 2014. We welcomed this response, which clarified that the guidance guarantee will be provided by independent organisations.