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Stay informed with the latest breaking news from Ension wise on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Ension wise and stay connected to the pulse of your community

TPR issues guidance urging trustees to support DC savers during cost of living crisis

Savers must be supported during current economic volatility amid concerns the value of some defined contribution (DC) pots has fallen, The Pensions Regulator (TPR) says.

United-kingdom , Carolyn-jones , Joe-dabrowski , David-pharo , Laura-trott , Lifetime-savings-association , Pensions-administration-standards-association , Pensions-service , Pensions-service-moneyhelper , David-fairs , Money-helper , Pension-wise

Over half of DC pensions accessed without advice

More than half (53%) of the 705,666 defined contribution pension pots accessed for the first time in 2021/22 were done so without the member receiving regulated advice, Just Group finds.

Stephen-lowe , Financial-conduct-authority , Pension-wise , Ust-group , Ca , Tephen-lowe , Ension-wise , Dvice ,

Fears grow over member shock as DC annuity funds see one-third fall in value

Members will be “shocked” to see the value of their defined contribution (DC) retirement savings plummet due to poor performing investment strategies geared towards annuities, LCP warns.

Stephen-budge , Pension-wise , Lcp , Tephen-budge , Ini-budget , Ension-wise , Oneyhelper , Ane-clark-amp-peacock ,

Stronger nudge is 'poorly timed and mismanaged'

The industry has offered mixed reviews for the ‘stronger nudge’ to pensions guidance as rules come into force today (1 June).

Emma-byron , Jenny-holt , Hargreaves-lansdown , James-jones-tinsley , Barnett-waddingham , Helen-morrisseysuggested , Department-for-work , Financial-conduct-authority , Pension-wise , Professional-pensions , Ca , Tronger-nudge

Introduction of stronger pension nudges 'wholly unnecessary' for advised clients

From Wednesday 1 June 2022, pension providers will have to give customers - both advised and non-advised - a stronger nudge to Pension Wise when they decide to access their savings.

Rowley-turton , Jenny-holt , Scott-gallacher , Jon-greer , James-jones-tinsley , Barnett-waddingham , Keith-churchouse , Department-for-work , Pensions-select-committee , Chapters-financial , Financial-conduct-authority , Pension-wise

WPC call for yearly freedoms success reporting quashed

Annual assessments of pension freedoms and annual reporting of its work in relation to pensions advice is not necessary, the government has said.

Pensions-service-maps , Department-for-work , Pensions-committee , Financial-conduct-authority , Pensions-management-institute , Pension-wise , Pensions-service , Wpc-reforms , Ork-and-pensions-committee , M-treasury , Inancial-conduct-authority

MPs automation proposal for Pension Wise rejected

The Work and Pensions Committee’s (WPC) call to trial automatic Pension Wise appointments has been rejected by the government.The Work and Pensions Committee’s (WPC) call to trial automatic PensionWise appointments has been rejected by the government.

Pensions-service-maps , Department-for-work , Pensions-service-maps-moneyhelper , Financial-conduct-authority , Pension-wise , Pensions-service , Pensions-regulator , Wpc-reforms , Pc , Wp , Oney-and-pensions-service

WPC automation proposal for Pension Wise rejected

The Work and Pensions Committee’s (WPC) call to trial automatic PensionWise appointments has been rejected by the government.

Pensions-service-maps , Department-for-work , Pensions-service-maps-moneyhelper , Financial-conduct-authority , Pension-wise , Pensions-service , Pensions-regulator , Wpc-reforms , Pc , Wp , Oney-and-pensions-service

Buzz: Should morals drive investment decision making?

In this week's Pensions Buzz, we want to know if you think morals should drive pension scheme investment decision making.

Pension-wise , Pensions-buzz , Ension-wise , Cfd , Sg ,

Five stories you may have missed this week

This week’s top stories include the Universities Superannuation Scheme, Transport for London Pension Fund and the BT Pension Scheme’s reactions to the Russian invasion of Ukraine.

Russia , United-kingdom , Ukraine , Russian , Tfl-pension-fund , Universities-superannuation-scheme , Pensions-regulator , Joint-negotiating-committee , Kraine , T-pension-scheme , Niversities-superannuation-scheme