Just 18,000 take Pension wise guidance since launch

clock

The number of face-to-face and over-the-phone guidance sessions provided by the government-backed service Pension wise has reached almost 18,000 since its launch in April.

But experts said this was low given government projections that around 320,000 people will retire on defined contribution (DC) pensions every year. This comes after figures from the Association ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry placing increased importance on sustainability in decision making, SPP finds

Industry placing increased importance on sustainability in decision making, SPP finds

Firm’s survey found 88% said Sustainability Principles Charter would be factor in selection of bulk annuity provider

Holly Roach
clock 24 April 2025 • 1 min read
Industry praises government's launch of small pensions pot consolidator

Industry praises government's launch of small pensions pot consolidator

Sector welcomes step to ‘solve the problem’ of small pots noting consolidator model could be ‘real gamechanger’

Holly Roach
clock 24 April 2025 • 5 min read
TPR: Industry must combine regulation and innovation to boost outcomes

TPR: Industry must combine regulation and innovation to boost outcomes

TPR says regulation is ‘prerequisite’ to support innovation in the industry

Martin Richmond
clock 24 April 2025 • 3 min read
Trustpilot