Most savers did not seek Pension Wise guidance in last four years

Just Group analysis shows only 5% of DC savers had in-person appointments with Pension Wise

Martin Richmond
clock • 2 min read
Most savers did not seek Pension Wise guidance in last four years

The majority (60%) of retirement savers who accessed a defined contribution (DC) pension in the last four years did not seek advice or guidance from Pension Wise, according to figures from the Financial Conduct Authority (FCA).

Analysis of the FCA's 2024 Financial Lives survey by retirement specialist Just Group showed the number of DC savers who did not use the free government-backed service, or were unaware of it, impro...

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Martin Richmond
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Martin Richmond

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