The Conservative minority government has set out its plans for a bill to merge the Money Advice Service (MAS), The Pensions Advisory Service (TPAS) and Pension Wise.
This week's top stories included research revealing schemes could be paying 70% more to investment managers than at the beginning of the decade.
Charles Counsell will soon leave The Pensions Regulator (TPR) to become chief executive of the Money Advice Service (MAS).
The decision to merge the three guidance bodies into one is unnecessary and could even reduce the quality of services, the Association of Consulting Actuaries (ACA) has warned.
The Treasury and Department for Work and Pensions (DWP) have launched a consultation on merging financial guidance services into a unified body to provide a more efficient and central support service.
The government is to create a single guidance body for pensions, money and debt matters, which will replace The Pensions Advisory Service (TPAS), including Pension Wise, and the Money Advice Service (MAS), it has said.
Dashboard will be implemented by 2019
Last week's Queen's Speech contained a long awaited Pensions Bill to toughen up master trust regulation and plans to streamline the delivery of guidance. Helen Morrissey looks at whether these measures will adequately address problems within the market...
Figures reveal a lack of belief in pensions which will be difficult to overcome.