The final countdown: Advisers on Webb's life expectancy plan

Advisers on Webb’s life expectancy guidance plan

Jenna Towler
clock

Retirees will be given a projection of how long they are going to live as part of the government's guidance-for-all pledge. Jenna Towler gauges adviser reaction to the move…

The government intends to make life expectancy (or more candidly how long you have got left) a key point of its retirement guidance-for-all policy. Pensions minister Steve Webb said as people are "living a lot longer" it is essential they have the most up-to-date information. He said people often underestimate how long they are going to live and there is a danger savings will run out before they do. He added giving out more information on longevity would help people plan accordingly. This will form part of the government's pledge that every retiree will get face-to-face, free, impar...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pensions gender gap: A low-profile injustice that deserves more attention

Pensions gender gap: A low-profile injustice that deserves more attention

'Pensions are one of the few financial products where time is the single biggest driver of outcome'

Jessica Cook
clock 24 August 2026 • 4 min read
Advisers place focus on retirement support as providers lack 'meaningful' engagement

Advisers place focus on retirement support as providers lack 'meaningful' engagement

People’s Pension poll shows 54% of IFAs say providers struggle to create ‘meaningful’ engagement

Martin Richmond
clock 19 August 2026 • 3 min read
Pensioner poverty has risen for more than a decade, warns LCP

Pensioner poverty has risen for more than a decade, warns LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 18 August 2026 • 4 min read