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348383
registered interest false more like this
date less than 2015-06-03more like thismore than 2015-06-03
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions: Advisory Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many people and what proportion of those eligible to take advantage of the pensions flexibilities have received (a) face-to-face and (b) telephone advice through Pension Wise. more like this
tabling member constituency East Ham more like this
tabling member printed
Stephen Timms more like this
uin 1071 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-02more like thismore than 2015-07-02
answer text <p>The government committed to providing free, impartial guidance through Pension Wise, to help people make informed and confident decisions about how they use their defined contribution pension savings in retirement. It is available online, via the telephone and face to face.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p>As of 6 April – the date on which the new pension flexibilities commenced – Pension Wise had handled more than 3,600 calls since the opening of the contact centre in late March. Nearly 1400 people had booked a telephone guidance appointment with the Pensions Advisory Service, while nearly 380 people had booked a face to face appointment with Citizens Advice. Citizens Advice does not provide Pension Wise guidance over the phone.</p><p> </p><p> </p><p> </p><p>Information on Pension Wise service usage since 6 April will be published in due course.</p><p> </p><p> </p><p> </p><p>Pension Wise recommends that users take their time to prepare and gather relevant information before their guidance session, if they have not already done so by the time of booking their appointment; this can normally take around 2 weeks. The government estimates that, on average, face to face appointments take place within 9 days of booking.</p><p> </p><p> </p><p> </p><p> </p><p> </p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN 3251 more like this
question first answered
less than 2015-07-02T16:40:27.667Zmore like thismore than 2015-07-02T16:40:27.667Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
163
label Biography information for Sir Stephen Timms more like this