New rules to give more pension freedom protection - MSE News

It estimates that 100,000 consumers each year take a drawdown pension – an investment that pays you income – without getting any advice. It says the new measures will help stop these people losing out on pension income worth an estimated £25 million a year, and force providers to be more competitive.

Either those numbers are off, or I'm missing something.

Because that works out at £250 per person per year. £5 per week.

Either the pensions concerned are very small, making £5 a week a great deal in context, or someone's using big numbers up top (THOUSANDS! MILLIONS!!!) hoping no-one's going to notice how little difference this will actually make.

Instead of, say, saving more leading up to that pension to begin with.