FCA proposes Pension Wise nudge for DC savers

James Phillips
clock • 2 min read
Mills: Pension Wise is a great service which helps people to understand their option
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Mills: Pension Wise is a great service which helps people to understand their option

Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.

In a consultation today, the Financial Conduct Authority (FCA) today proposed that providers will need to go further than the current signposting in a bid to improve take-up of the free guidance service....

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