The industry has endorsed a number of proposals in the Financial Advice Market Review (FAMR) report to boost accessibility to advice and guidance.
A number of solutions are emerging that may make financial advice more accessible for defined contribution (DC) savers according to a report by the Pensions Policy Institute (PPI).
Freedom and choice is producing unexpected results across DB and DC schemes
A low cost online advice and guidance service for members approaching retirement is due to be launched in April by B&CE, provider of The People's Pension, through Liverpool Victoria (LV=).
Robo-advisers could potentially be used to provide advice to employees, panelists at a WSB webinar said.