MPs to examine adviser value and impartiality in pensions probe

Deadline 3 September

Hannah Godfrey
clock • 1 min read

The Work and Pensions Committee has launched an inquiry to find out whether financial advisers offer clients good value and an impartial service.

The probe will examine whether individuals get value for money for their pension savings and receive good value and impartial service from financial advisers. It will also try to understand what savers are being charged and why, as well as the short- and long-term impact of costs on retirement outcomes. More broadly the inquiry will focus on whether the pensions industry provides sufficient transparency around charges, investment strategy and performance to consumers. The committee will also look into whether scheme members can see how their money is being invested and how their in...

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 Your profession

Angela Rayner resigns after ethics report finds warnings ignored on tax advice

Angela Rayner resigns after ethics report finds warnings ignored on tax advice

Following investigation

Sahar Nazir
clock 05 September 2025 • 2 min read
What will cryptocurrency regulation mean for financial advice?

What will cryptocurrency regulation mean for financial advice?

‘Regulation doesn’t automatically make something a sound investment’

Isabel Baxter
clock 05 September 2025 • 8 min read
Wealth management M&A: Integration is the competitive advantage

Wealth management M&A: Integration is the competitive advantage

'M&A is reshaping UK wealth management at an unprecedented pace'

Jim London
clock 05 September 2025 • 4 min read