Blog: Should employers have a role in advice?

FAMR said bosses should play a more active role

clock • 2 min read

‎In light of FAMR and the burgeoning advice gap Kirsty Worgan looks at the role employers can play in the advice space

Pension freedom has created a greater need for at retirement advice, but consumers also have pressing advice needs around reducing debt and protecting their families. Employers provide a pension, but can they play a role in advice too? What about other areas of financial planning, can employers be expected to take the load? The Treasury's Financial Advice Market Review (FAMR) identified the workplace as one solution to the access to advice barriers that people face, recommending that employers should play a more active role. The review also identified that it's not just about acces...

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 points: Paying pension funds to charity on death

Planning points: Paying pension funds to charity on death

IHT on pensions may create opportunities for charitable giving

Martin Jones
clock 16 October 2026 • 3 min read
Torsten Bell: Pensions industry must 'give ground' to what savers trust

Torsten Bell: Pensions industry must 'give ground' to what savers trust

Torsten Bell says what the industry is doing is a ‘triumph’, but there must be transparency

Holly Roach
clock 15 October 2026 • 1 min read
Shadow pensions minister warns over using tax relief as 'backdoor' route to mandation

Shadow pensions minister warns over using tax relief as 'backdoor' route to mandation

Helen Whately sets out a pro-business stall and casts doubt on increased AE contributions

Alex Levy
clock 15 October 2026 • 2 min read