Helping hand: Why ordinary savers will need more than Pension Wise

Why ordinary savers will need more than Pension Wise

clock

Pension Wise guidance will help retirees deal with freedom and choice but what's really needed is a default retirement pathway, writes Graham Vidler

After much fanfare, debate and speculation, the government's brand new pensions freedom reforms are almost here. These new flexibilities have the potential to bring real benefits to pension savers. But, at the same time, they bring with them more responsibility and risk for the individual. And, given the difficulties we all face in making long-term financial decisions and coping with choice overload, it's vital that we think about the new landscape from the perspective of pension savers. Malcolm and Maggie in the Middle That's why last summer the National Association of Pension F...

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

FCA/TPR value for money framework a 'key priority' for 2024/25

FCA/TPR value for money framework a 'key priority' for 2024/25

Regulatory duo first announced a plan for common measurements in 2022

Hope Coumbe
clock 10 May 2024 • 1 min read
NAO finds estimated cost of dashboards has risen £54m

NAO finds estimated cost of dashboards has risen £54m

'The DWP must learn lessons from what happened on this programme'

Holly Roach
clock 10 May 2024 • 3 min read
FCA urged to redesign pension dashboard rules to 'prioritise customers'

FCA urged to redesign pension dashboard rules to 'prioritise customers'

AJ Bell calls on regulator to redesign the rules

Isabel Baxter
clock 09 May 2024 • 2 min read