DWP, TPR and FCA launch consultation on guided retirement to help 'resurrect' pensions

Consultation covers how default pensions should work in practice

Holly Roach
clock • 6 min read
Pensions minister Torsten bell. CC BY 3.0 Attribution 3.0 Unported
parliament.uk
Image:

Pensions minister Torsten bell. CC BY 3.0 Attribution 3.0 Unported parliament.uk

The Department for Work and Pensions (DWP), in collaboration with The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA), has launched a consultation on guided retirement.

The consultation – published today (3 November) – covers how default pensions should work in practice and sets out initial proposals for secondary legislation under the Pension Schemes Act 2026. Th...

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