Guidance guarantee: Treasury shuns providers in favour of MAS and TPAS

clock • 2 min read

Savers are to receive free independent guidance from the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) when given unfettered access to their pension pots from next year, the government has said.

The plan changes an aspect of the major liberalisation of defined contribution pensions unveiled in the Budget (PP Online, 20 March). Critics had raised concerns a proposal to make providers giv...

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

'Sludge practices' and 'misuse' of anti-scam rules blamed for transfer delays

'Sludge practices' and 'misuse' of anti-scam rules blamed for transfer delays

Coalition of platform providers calls for fundamental reform of the system

Jonathan Stapleton
clock 13 March 2026 • 3 min read
Lords move to increase salary sacrifice cap to £5,000 'a pragmatic step'

Lords move to increase salary sacrifice cap to £5,000 'a pragmatic step'

Amendments will reduce or remove the impact of changes to salary sacrifice for most savers

Jonathan Stapleton
clock 12 March 2026 • 4 min read
SPP highlights 'practical challenges' with FCA's ESG rating proposals

SPP highlights 'practical challenges' with FCA's ESG rating proposals

Body says implementation ‘must be practical’ and that sharper definitions are needed

Jonathan Stapleton
clock 12 March 2026 • 1 min read
Trustpilot