Members should foot the bill for cost of retirement advice, industry says

Buzz survey finds narrow majority believe financial responsibility falls to members

Martin Richmond
clock • 2 min read
Members should foot the bill for cost of retirement advice, industry says

Pension scheme members should pay for financial advice if it were to be mandatory at the point of retirement, according to the pensions industry.

Results from last week's Pensions Buzz survey revealed a majority of respondents said the member should foot the bill for the cost of the advice, with the employer and the government proving to be ...

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

All children to be taught financial literacy as part of curriculum review

All children to be taught financial literacy as part of curriculum review

Reforms will introduce statutory requirement to teach financial literacy in primary schools

Jonathan Stapleton
clock 05 November 2025 • 6 min read
News Digest: LGPS governance reviews 'could see pension funds merge'

News Digest: LGPS governance reviews 'could see pension funds merge'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 05 November 2025 • 1 min read
Aptia acquires Atkin Pensions as it boosts its admin capabilities

Aptia acquires Atkin Pensions as it boosts its admin capabilities

Move comes as Aptia clients seek a bundled solution including actuarial, consulting and admin services

Holly Roach
clock 04 November 2025 • 1 min read
Trustpilot