Is pension nudge plan doomed from the start?
FCA wants providers to do more than just signpost Pension Wise guidance
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
FCA wants providers to do more than just signpost Pension Wise guidance
‘Millions of customers risk sleepwalking into poorer retirements by failing to take financial advice’
Bank names CEO, while UK lifeboat scheme COO steps down
It will help pension scheme members understand if transferring out is their best option
‘Won’t be the last time that politicians cling to the power of pensions to solve the housing dilemma’
Four million people could be missing out on free support ahead of retirement
Hope that taking guidance would become a ‘new norm’ has not materialised
While Brits want local councils to recommended IFAs to help with later life planning costs
Bank names Asian market heads, while UAE wealth firm hires CIO
But drop is expected to be ‘a short-term blip’
‘Pressure is on for companies, government and charities to tackle’ this growing problem
It will target people ‘close to or in retirement’