Pensions  

Maps aware living squeeze could see savers dip into pension

This is why Maps is focused on broadening its own dashboard out to include wraparound services. Currently, the organisation is working with partners to test them.

These include a “retirement planning hub” it is building, and a review of Maps’ current retirement pathway tool.

Maps also employs guides who do not provide financial advice, though many are former financial advisers. Where appropriate, consumers will be signposted to a financial adviser, however.

“Someone who has been through guidance, generally, is a better informed client for a financial adviser,” said Siarkiewicz.

Maps’ vision is to provide a single gateway which not only helps to guide consumers on pensions, but also more broadly on money guidance - such as debt.

ruby.hinchliffe@ft.com