Majority who recently accessed DC pots did not get advice

Just a fifth of those who accessed DC pot in last four years booked a Pension Wise appointment

Jasmine Urquhart
clock • 1 min read
There has been a small uptake in Pension Wise appointments compared to 2020, FCA data shows
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There has been a small uptake in Pension Wise appointments compared to 2020, FCA data shows

Only one in five (18%) of those who accessed a defined contribution (DC) pot in the last four years booked a Pension Wise appointment, figures from the Financial Conduct Authority (FCA) show.

Analysis of the FCA's 2022 Financial Lives survey by retirement specialist Just Group found only one in ten (13%) had a telephone appointment, and just 5% had this face-to-face. While the majori...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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