TPAS launches midlife review service for self-employed

Phone appointment

Hannah Godfrey
clock • 2 min read

The Pensions Advisory Service (TPAS) has launched a service for the self-employed with the aim of helping them save towards a better retirement.

The review will come in the form of a phone appointment that is tailored to the needs of the self-employed, covering topics such as money, work, family and health, all backed up by a summary document and online content. Prior to launching the service, TPAS conducted a pilot to better understand how the self-employed see retirement planning and what it could do to help. It found participants were keep to save into pensions for their retirement though levels of knowledge and confidence were low. The majority of those who took part in the pilot said the main barrier to retirement saving ...

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 Retirement

PA360: Crucial advisers can spot all vulnerability characteristics

PA360: Crucial advisers can spot all vulnerability characteristics

‘It is highly likely people in decumulation will have a vulnerability’

Hope Coumbe
clock 26 April 2024 • 1 min read
Inflation shocks driving another long uptick in annuity sales

Inflation shocks driving another long uptick in annuity sales

‘Customers should be careful that this is the right decision for them’

Hope Coumbe
clock 23 April 2024 • 1 min read
Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read