Workplace schemes mandated to 'nudge' members into pensions guidance

Hope William-Smith
clock • 5 min read
Pensions and financial inclusion minister Guy Opperman.
Image:

Pensions and financial inclusion minister Guy Opperman.

Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.

In a policy statement released today (28 October) the government outlined its findings and conclusions from its test of scheme members' take-up of free Pension Wise guidance. A three-arm randomi...

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