Some members of final salary schemes, such as Liam Fearnley (pictured) are desperate to cash in before the freedom is scrapped

Workers are rushing to exit “gold-plated” final salary pensions for fear of being permanently blocked from using the new pension freedoms to cash in their funds. In March, the Government said a “revolutionary” ability to make unlimited withdrawals from pension savings in retirement would be reserved for savers with stock market-linked plans. The only way final salary members could use the freedoms would be to transfer to these plans. However, the Government intends to ban savers from transferring final salary funds when the new rules take effect next April.....Read more here