The final countdown: Advisers on Webb's life expectancy plan

Advisers on Webb’s life expectancy guidance plan

Jenna Towler
clock

Retirees will be given a projection of how long they are going to live as part of the government's guidance-for-all pledge. Jenna Towler gauges adviser reaction to the move…

The government intends to make life expectancy (or more candidly how long you have got left) a key point of its retirement guidance-for-all policy. Pensions minister Steve Webb said as people are "living a lot longer" it is essential they have the most up-to-date information. He said people often underestimate how long they are going to live and there is a danger savings will run out before they do. He added giving out more information on longevity would help people plan accordingly. This will form part of the government's pledge that every retiree will get face-to-face, free, imp...

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

Sipps: How clients can avoid common retirement planning mistakes

Sipps: How clients can avoid common retirement planning mistakes

'Retirement planning stands as a cornerstone of long-term financial well-being'

James Floyd
clock 28 April 2025 • 4 min read
Origo completes pensions dashboard connection

Origo completes pensions dashboard connection

Completed connection ahead of this week’s first deadline

Holly Roach
clock 28 April 2025 • 2 min read
HMRC repays £44m in overpaid pensions tax during Q1 2025

HMRC repays £44m in overpaid pensions tax during Q1 2025

More than £1.4bn in overpaid pensions tax recouped since 2015

Martin Richmond
clock 28 April 2025 • 3 min read