Image:
Just Group communications director Stephen Lowe
More than half (53%) of the 705,666 defined contribution pension pots accessed for the first time in 2021/22 were done so without the member receiving regulated advice, Just Group finds.
The firm's analysis of Financial Conduct Authority figures revealed just 33% of pensions were accessed after professional advice, and just 12% after Pension Wise guidance. Just revealed 53% of D...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
