FCA's refreshed wake-up packs 'still not enough' for savers
Sent to retirement savers at age 50
The Financial Conduct Authority's (FCA's) reformed pension wake-up packs coming into effect this week are "still not enough" for most savers, according to education provider Wealth at Work.
Wake-up packs are currently sent to members around six months prior to their expected retirement date and tend to be lengthy documents. From Friday (1 November) the revamped packs will aim to encourage...
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![Charles Counsel: "Savers [could] rush into decisions about their pensions."](/api/v1/wps/b38b558/25d86cc7-92c7-4352-8653-282bb2137e98/6/counsell-charles-tpr-230x142.jpg "Charles Counsel: \"Savers [could] rush into decisions about their pensions.\"")
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