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NAPF pushes for workplace delivery of money guidance

The National Association of Pension Funds says it welcomes the recommendation of a money guidance service, including an emphasis on the workplace as a delivery avenue.

The NAPF says it has found that face-to-face group meetings are the preferred method for receiving information about retirement planning.

Chief executive Joanne Segars says the introduction of money guidance is a welcome and much needed innovation.

She says: “We are particularly heartened that the workplace is seen as a key part of the proposed new service. The NAPF’s experience through its PENSIONSFORCE service has shown that face-to-face meetings are a popular and effective means of communicating financial issues that can prompt people into action.”

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