Source · Select Committees · Work and Pensions Committee
Recommendation 19
19
Paragraph: 126
We heard that concerns about stepping over the boundary from guidance into advice continue to...
Recommendation
We heard that concerns about stepping over the boundary from guidance into advice continue to constrain the support that pension schemes and employers can provide to savers. The regulators are working with pension schemes and providers to better understand these concerns and to gather practical examples of where this is causing a problem. We recommend DWP and the FCA report to us on progress in clarifying the boundary between advice and guidance by March 2023.
Paragraph Reference:
126
Government Response
A response document is linked to this report, dated 23 January 2023. Response attribution to this recommendation has not been verified. Read the response document ↗