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

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 Industry

Cost of poorly informed pension transfers up 42%, with £1.7bn lost

Cost of poorly informed pension transfers up 42%, with £1.7bn lost

People’s Pension finds 42% more lost from poorly informed decisions since previous year

Jasmine Urquhart
clock 10 September 2025 • 2 min read
SPP writes Pension Schemes Bill amendment to abolish PPF administration levy

SPP writes Pension Schemes Bill amendment to abolish PPF administration levy

Organisation says legislative change is needed to abolish ‘unnecessary’ levy

Holly Roach
clock 10 September 2025 • 1 min read
Hymans Robertson finds 'stark evidence' of growing pensions inadequacy

Hymans Robertson finds 'stark evidence' of growing pensions inadequacy

DC members risk more from unpredictable longevity and volatility

Jasmine Urquhart
clock 10 September 2025 • 1 min read
Trustpilot