Image:
Stephen Lowe: "Passive measures such as the signposting in ‘wake-up' packs will at best only deliver marginal gains."
Mandated changes to retirement wake-up packs introduced a year ago have so far failed to result in more retirees taking free guidance, according to provider Just Group.
Group communications director Stephen Lowe said analysis of Financial Conduct Authority (FCA) retirement income market data figures shows that both the number and proportion of people using the fre...
To continue reading this article...
Join Professional Adviser
- 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.
