Retirees to be told life expectancy as part of Budget 'guidance'

clock

Retirees receiving financial 'guidance' via the government's 'right-to-advice' promise outlined at Budget 2014 will also be told how long they are likely to live to help inform their decision about what to do with their retirement savings, Steve Webb has reportedly said.

Those approaching retirement have little idea about their life expectancy, Webb said in quotes reported in the Telegraph. According to the paper, Webb said the guidance would be given face-to-fa...

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 Industry

News Digest: Growing debate over use of scheme surpluses; Capita's rush to hit CSPS deadline risking errors

News Digest: Growing debate over use of scheme surpluses; Capita's rush to hit CSPS deadline risking errors

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 07 July 2026 • 1 min read
Buzz: Will reforms to pensions and IHT work in practice as currently drafted?

Buzz: Will reforms to pensions and IHT work in practice as currently drafted?

Pension and IHT reforms, The Pensions Regulator’s VfM and climate change

Professional Pensions
clock 06 July 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Capita CSP contract, BCSSS appoints BlackRock, warning over IHT pension reforms

Professional Pensions
clock 03 July 2026 • 1 min read
Trustpilot