Pensions guidance encouraging wider financial education
One in four people seeking guidance on their pensions also seek advice on managing money, benefits and debt.
Citizens Advice (CA) said over a quarter (27%) of people who had a face-to-face Pension Wise appointment since April also booked a CA appointment.
Common reasons for those who booked a CA appointment involved seeking further help include benefits and tax credits (42%), financial capability including help managing money (29%), debt (14%) and employment (4%).
Citizens Advice chief executive Gillian Guy said: "People don't make decisions about pensions in isolation. Our evidence shows people are also thinking about how their pension choices relate to tax, debt and how they wish to support their family.
"Guidance can be key to people making pension choices which are right for them. It's vital that the support they receive recognises the competing pressures in their lives.
"We know people are getting what they need from a Pension Wise session but there is an opportunity to provide further support, whether that's another appointment later in life or, for example, extra help around the implications for someone's pension if they are divorced."
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Retiring DB members to receive transfer quotes and financial advice
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