TPAS reports 9% drop in enquiries in final year

Set to become part of Single Financial Guidance Body

James Phillips
clock • 2 min read

The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.

In its annual review for the year, the organisation said the figure, which is also up 121% on 2013/14, shows it has been able "to exceed our own expectations", with new service delivery channels and larger technical specialist and wider teams. Over the year, TPAS had set up specialist helpline services for members of the British Steel and Royal Mail pension schemes, as well as the Universities Superannuation Scheme, all three of which had seen major changes. The majority of helpline inquiries (38%) came from people seeking advice on taking benefits in retirement, with particular quest...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Pensions

Interconnections: SIPP/SSAS taxable property

Interconnections: SIPP/SSAS taxable property

The consequences of holding taxable property in a SIPP or SSAS can be onerous and will offset the tax advantages offered by such a pension solution, warns Caitlin Southall

Caitlin Southall
clock 12 May 2025 • 4 min read
Savers can draw down target retirement income for just 11 years

Savers can draw down target retirement income for just 11 years

Report exposes retirement income gap

Jenna Brown
clock 08 May 2025 • 3 min read
State pension nears tax threshold – how can the government fix it?

State pension nears tax threshold – how can the government fix it?

'While policy change would be welcome, individual action is just as crucial'

Laura Suter
clock 06 May 2025 • 4 min read