If you’re aged 55 or over and have a UK-based workplace or private pension pot that you've paid into that you want to access for the first time or transfer elsewhere, you must now be offered guidance ...
Providers will be required to refer customers who decide to access savings to the guidance and in most cases offer to book a Pension Wise appointment. Pension providers will have to give customers a ...
The UK’s Financial Conduct Authority (FCA) has proposed (on May 4, 2021) updated rules that will require pension providers to “nudge” consumers to Pension Wise so they can benefit from guidance prior ...
The government has ruled out automatically enrolling pension savers into guidance appointments with Pension Wise before they can access their retirement pot. In its response to a Work and Pension ...
On the go: The total number of people receiving help from Pension Wise soared to 167,726 in 2018-19 from 60,939 in 2015-16. In response to a parliamentary question from shadow pensions minister Jack ...
The Financial Conduct Authority (FCA) has today proposed new rules to require pension providers to ‘nudge’ consumers to Pension Wise in order to benefit from guidance before they access their defined ...
Retirement wake-up packs from providers “simply don’t make people appreciate why they should contact Pension Wise”, according to Ros Altmann. Responding to questions raised from the audience at the ...
MoneyHelper helps to separate pension myth from pension fact. September is Pensions Awareness Month, so in this month’s ...