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

Vidett joins PMI's Trustee Accelerator Programme

Vidett joins PMI's Trustee Accelerator Programme

Vidett will provide five trustees to act as mentors for the programme’s participants

Martin Richmond
clock 01 July 2026 • 1 min read
First Actuarial publishes 2026 survey of independent professional trustees

First Actuarial publishes 2026 survey of independent professional trustees

Survey identified areas where professional trustees are likely to need support in future

Jonathan Stapleton
clock 01 July 2026 • 2 min read
Royal Schools of Music scheme secures £35m buy-in with PIC

Royal Schools of Music scheme secures £35m buy-in with PIC

Transaction secures the benefits of 253 scheme members

Holly Roach
clock 01 July 2026 • 2 min read
Trustpilot