Pension Wise failing 'terribly' to become guidance norm

Two in three UK adults aged 45-65 view the government as doing “terribly” in its attempts to make using Pension Wise the norm for pension guidance, according to new research.

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1.6m pension savers hit by MPAA trap

More than 1,000 pension savers were hit every working day in 2020 by the Money Purchase Annual Allowance (MPAA), according to new analysis.

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Sharp fall in firms offering DB transfer advice

The proportion of adviser firms offering defined benefit transfer advice dropped by nearly half to 22% in the last year, according to new research.

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DWP to launch mid-life pension ‘MOT’ trials

The DWP is to spend £400,000 funding a trial of mid-life ‘MOTs’ - schemes to help people “take stock” of their health, skills and wealth as part of a later life planning initiative.

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