FCA confirms stronger ‘nudge’ for pension guidance

Pension providers must give pension savers a “stronger nudge” to get pension guidance when they decide to access their pension savings from June, the FCA confirmed today.

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Editor’s Column: The DWP's Flying Circus

 

I’m a big fan of Monty Python and the famous ‘nudge, nudge’ sketch came to mind this week as the DWP announced plans to give a ‘stronger nudge’ to pension savers to seek guidance from Pension Wise before taking benefits.

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