Failure to legislate for default pension guidance 'leaves bitter taste'

clock • 2 min read

MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".

The bill is nearing its final stages in parliament and will merge The Pensions Advisory Service, Pension Wise and the Money Advice Service into one guidance body.  "It leaves a bitter taste that...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

FRC launches reviews into pension illustration assumptions

FRC launches reviews into pension illustration assumptions

FRC looks for feedback on illustration assumptions and development of new standards

Jonathan Stapleton
clock 03 November 2026 • 2 min read
From automatic enrolment to automatic adequacy?

From automatic enrolment to automatic adequacy?

SPP's Calum Cooper says the next stage of reform should focus on adequacy rather than simply participation

Calum Cooper
clock 30 October 2026 • 3 min read
Budget 26: Government to remove two-year tax rule on lump sum death benefits

Budget 26: Government to remove two-year tax rule on lump sum death benefits

Changes will also be made to how tax due on excess lump sum death benefits is collected

Jonathan Stapleton
clock 28 October 2026 • 3 min read
Trustpilot