M

Member

Speaking in the House of Lords on 23 February 2026

Debate

Pension Schemes Bill

Contribution

The proposed new clause seeks provision for free pensions “advice” rather than “guidance”, which creates practical and financial challenges. There would need to be substantial funds to deliver this financial advice, and it would be a challenge to find enough sufficiently qualified financial advisers to provide advice to potentially more than one million people a year.

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