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Displaying items by tag: Pension Wise

Monday, 16 October 2017 12:12

Pension Passport idea moves a step forward

Proposals for a single, A4 page 'Pensions Passport' to give consumers a simple a clear statement about their pension pot have moved a step forward.
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Parliament has rubber stamped the extension of Pension Wise.
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Wednesday, 23 December 2015 12:34

Govt told to combine pension bodies into one

A body representing financial advisers has called for Pension Wise, the Money Advice Service and The Pension Advisory Service to be merged into one body.
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Consumers using the Pension Wise service will be given more than one appointment in future, the Government said this morning.
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Wednesday, 02 September 2015 12:37

Watchdog: Pension Wise performance must be transparent

The Government needs to be more transparent about how Pension Wise is performing, a consumer watchdog said today.
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The number of Fidelity’s customers using Pension Wise before contacting the company has risen to 20%.
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Plans for a secondary annuities market will not be implemented until at least 2017 after the Treasury said the move would be delayed.
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Checking up on the bodies that will provide the new Pension Wise service will cost the FCA nearly £400,000 every year and an initial outlay of nearly £600,000.
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Tuesday, 10 March 2015 10:31

MPs warn over pension protection for savers

An influential group of MPs has questioned if there is strong enough protection for savers under the new pensions rules.
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Another six centres have been announced to provide the new face to face pensions guidance service Pension Wise.
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