WPC automation proposal for Pension Wise rejected

The government and the FCA respond to WPC’s 24 proposals for the industry

Hope William-Smith
clock • 3 min read
WPC automation proposal for Pension Wise rejected

The Work and Pensions Committee’s (WPC) call to trial automatic PensionWise appointments has been rejected by the government.

In its response to one of the WPC's design reforms laid down in January, the government said it does not support setting a target proportion of members utilising financial advice or Pension Wise gu...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Global

Industry Voice: What are scope 3 emissions and why are they important?

Industry Voice: What are scope 3 emissions and why are they important?

In this Explainer video, Thomas Höhne-Sparborth says investors need to look at all types of emissions to gain a true picture

Lombard Odier Investment Managers
clock 23 June 2022 • 1 min read
Industry Voice: Do net-zero targets affect investment returns?

Industry Voice: Do net-zero targets affect investment returns?

In this Explainer video, Thomas Höhne-Sparborth explains the best way to decarbonise an investment portfolio

Lombard Odier Investment Managers
clock 16 June 2022 • 1 min read
Industry Voice: Taking on climate change through fixed income

Industry Voice: Taking on climate change through fixed income

ESG challenges are complicated and diverse for many asset classes, and fixed income is no exception

Invesco
clock 27 May 2022 • 1 min read
Trustpilot