UK - Almost nine out of ten defined contribution (DC) scheme experts believe employees look for workplace advice on pensions.
However, the NAPF warned that, pending the findings of the Thoresen review of generic financial advice, advisers must steer clear of providing 'regulated' advice.
Joanne Segars, chief executive, NAPF, said: "Employees do not just want standard information, they want in-depth information, much of which could be bordering on regulated advice.
"It means the skills of the employer have to be widened especially in being able to judge the difference. It can be a fine line but for the employer, it is a crucial legal and regulatory line."
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.