Govt pensions reshuffle sparks demand for retirement advice

clock

Retirement advice is in higher demand than any other financial service following the Government's recent overhaul of the pensions' system, suggests a report from Unbiased.co.uk.

Unbiased.co.uk's Advice Drivers report says 38% of consumers searching its ‘find an IFA' facility in July looked for advice on personal retirement planning. Searches for this type of advice also increased by 2% month-on-month. Investment and savings advice came second in the list with 26% of searches. Recent announcements and figures on the retirement age and annuitisation may have sparked the increased interest in pensions and savings, says Unbiased. Yesterday figures from the Office of National Statistics suggested the pension age could be raised to 66 within five years, far ...

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 Pensions

Parliament agrees Pension Schemes Bill paving way for Royal Assent

Parliament agrees Pension Schemes Bill paving way for Royal Assent

House of Lords agrees heavily amended mandation powers accepting final draft of bill

Jonathan Stapleton
clock 29 April 2026 • 6 min read
Just Group to exit direct-to-consumer business following Brookfield acquisition

Just Group to exit direct-to-consumer business following Brookfield acquisition

Move could lead to redundancies across the business

Holly Roach
clock 24 April 2026 • 1 min read
Government scales back mandation power proposals in Pension Schemes Bill amendment

Government scales back mandation power proposals in Pension Schemes Bill amendment

Bill continues through parliamentary 'ping pong' process

Holly Roach
clock 22 April 2026 • 2 min read