IFA's open letter to Webb demands pension advice push

clock

Retirement Angels founder Alan Higham has written an open letter to pensions minister Steve Webb demanding pension reform that pushes people towards advice.

Higham was accidentally sent an email by staff at the Department for Work and Pensions (DWP) revealing opposition to reform that encourages use of financial advisers. First published on his blog, this letter to Webb (pictured) sets out Higham's proposal for reform of the at-retirement stage and calls on the minister to take action. Dear Steve There is a simple solution worth trying to the persistent problem of people wasting billions of pension savings each year at retirement. Experts I have consulted across insurers, consultants, IFAs, trustees, educational bodies and charities...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Robert Peston confirmed as PA360 keynote speaker

Robert Peston confirmed as PA360 keynote speaker

Join Peston and PA in London in April

Professional Adviser
clock 26 January 2026 • 1 min read
Brooks Macdonald becomes BAFTA wealth management partner

Brooks Macdonald becomes BAFTA wealth management partner

Partnership starts in 2026

Jen Frost
clock 08 December 2025 • 1 min read
As Reeves scrabbles for Budget funds, is she missing a Covid furlough trick?

As Reeves scrabbles for Budget funds, is she missing a Covid furlough trick?

Creativity key as chancellor faces tough tax and spending choices

Jen Frost
clock 21 November 2025 • 8 min read