Failure to legislate for default pension guidance 'leaves bitter taste'

Bill nearing final stages

Hannah Godfrey
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Stephen Lowe: “While government tries to work out what works best, millions are making key pension decisions they could easily end up regretting.”
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Stephen Lowe: “While government tries to work out what works best, millions are making key pension decisions they could easily end up regretting.”

MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just director Stephen Lowe said left a "bitter taste".

The bill is nearing its final stages in parliament and will merge The Pensions Advisory Service, Pension Wise and the Money Advice Service into one guidance body. "It leaves a bitter taste that, just...

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