Advisers have crucial role to play in boosting pension awareness

Plenty of would-be savers have switched off from pensions

clock • 4 min read

Advisers are the frontline of tackling the pension saving knowledge gap, writes Ahmed Bawa

The recent Pension Awareness Week was an important moment in the financial calendar for me. It served as a useful reminder of the need to keep flagging the importance of saving for old age among clients, irrespective of the primary reason they might have come to a financial adviser.  Indeed, the research around this year's edition shows that there's an awful lot of work to do when it comes to helping clients understand how pensions work, and the role they will have to play in their later years.  A problem for another day Advisers won't need me to tell them that understanding and eng...

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

DB pension advice: Redress liabilities dip below 5% of transfer values

DB pension advice: Redress liabilities dip below 5% of transfer values

First Actuarial found ‘considerable drop’ in financial risk associated with DB redress

Holly Roach
clock 05 February 2025 • 2 min read
Steve Webb: HMRC tax code stance moving in right direction but still work to do

Steve Webb: HMRC tax code stance moving in right direction but still work to do

'HMRC has belatedly accepted that the status quo is unacceptable'

Steve Webb
clock 05 February 2025 • 4 min read
Andrew Goodwin: Politics and pensions - two traps for savers to avoid

Andrew Goodwin: Politics and pensions - two traps for savers to avoid

‘Financial saviour or die-hard meddler?’

Andrew Goodwin
clock 05 February 2025 • 4 min read