To achieve our goal of one million more people seeking independent financial advice by 2030 a reality, we are calling for a collective effort from the Government, Businesses and Pension Industry to work together.
We want to see the wheels start turning in the following areas:
Government
- Accelerate the launch of the Pensions Dashboard, making pension information clear and accessible to everyone
- Remove the MPAA limit to help people save without penalty if they rejoin the workforce
- Run an awareness campaign on the pension tools available to people and their benefits for overall retirement plans
Business
- Improve financial education for mid-life employees
- Expand advice as a workplace benefit for all employees
The Pensions Industry
- Improve transparency and implement stricter industry standards around ceding schemes and pension switching
- Promote accessibility of pensions advice language for all wealth brackets
Changing how people see and engage with their pension is a job that requires dedication from all people involved. The One Million More campaign asks stakeholders across the Government, regulator, business and the financial services to commit to helping Britons all across the UK improve their financial futures through access to the independent financial advice.
We will keep you updated with our progress.
Let’s do it!