Adviser vents frustration as Now: Pensions declines detailed Letter of Authority

Despite relevant information supplied

Sophie King
clock • 2 min read

Workplace pension provider Now: Pensions rejected a Letter of Authority (LoA) from an adviser on behalf of their client despite receiving all relevant information.

The adviser, who preferred not to be named, wrote to Now: Pensions with a LoA asking for information on their client's pension. They did not intend to do anything with the pension but wanted to understand the basis of it so that they could best advise their client on other financial areas. Firstly, in correspondence seen by Professional Adviser, Now: Pensions responded incorrectly to the adviser's request, treating them as the scheme holder rather than the adviser. After clarifying who they were, the adviser then received another email from the pension provider which said: "Unfortunat...

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

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Sponsors Lara Brown

Professional Adviser
clock 17 July 2026 • 1 min read
Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Aimed at women at different stages of life and careers

Professional Adviser
clock 16 July 2026 • 3 min read
Women in Financial Advice Awards 2026: Shortlists revealed!

Women in Financial Advice Awards 2026: Shortlists revealed!

All the winners will be announced at a celebratory gala dinner on 4 November

Professional Adviser
clock 15 July 2026 • 10 min read