Torsten Bell

U.K News / US News

UK Guided Retirement Plan: 17 Million Workers Could Get a Default Pension for Life

The UK government has opened a consultation on a plan that could give around 17 million private sector workers a default pension paying an income for life. The proposals, called Guided Retirement, were announced on Tuesday 3 November 2026 by Pensions Minister Torsten Bell. They would change what happens when workplace pension savers approach retirement, while leaving the final choice…