Industry ‘making progress’ in helping savers with retirement options

Progress has been made by the pensions industry to help savers make informed decisions about what to do when they retire, according to a report from the Pensions and Lifetime Savings Association (PLSA).

In the wake of the Department for Work and Pensions (DWP) issuing its call for evidence on helping savers understanding their pension choices, the Retirement Choices: The Evolution of Products and Support report found there is a lot of work being undertaken by the industry in this area.

However, the report noted that a framework that outlines the real-life choices savers need to make may help them make […]

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