Cross-party MPs push Pensions Bill amendment to boost guidance take-up

Ahead of report stage

Jenna Brown
clock • 1 min read

People looking to access their retirement funds could be given a pre-booked Pension Wise appointment if an amendment to the latest Pensions Schemes Bill goes through.

A group of cross-party MPs backed the amendment which has been submitted ahead of the upcoming Report State due to take place on Monday (16 November). Work and Pensions Committee chair Stephen Timms submitted the amendment which aims to increase the use of pension guidance. It follows a similar amendment tabled by Timms at Committee Stage last week, which was withdrawn. Pension Schemes Bill will be law by the end of the year The amendment would "ensure members of pension schemes receive a Pension Wise appointment prior to accessing their pension". Further appointments would be book...

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 Pensions

Planning ahead of IHT changes: Using pensions to support charities

Planning ahead of IHT changes: Using pensions to support charities

Practical planning steps for advisers

Pooja Shah
clock 16 April 2026 • 5 min read
FCA to take action against Hartley Pensions and involved individual

FCA to take action against Hartley Pensions and involved individual

Entered administration in 2022

Jen Frost
clock 15 April 2026 • 2 min read
From A-day to IHT: How government forgot the meaning of 'consultation'

From A-day to IHT: How government forgot the meaning of 'consultation'

'What is particularly galling is that there were viable alternatives'

Rachel Vahey
clock 14 April 2026 • 3 min read