The proposed role of the Money Advice Service (MAS) in delivering financial guidance to thousands of retirees is "concerning", according to Treasury Select Committee (TSC) chairman Andrew Tyrie.
Financial advisers could pay a larger share of the costs for delivering the government's ‘guidance guarantee' than pension providers.
The Financial Conduct Authority (FCA) has found evidence of poor pension transfer advice, and, in a separate review, has written to the CEOs of self invested personal pensions (SIPP) providers raising concerns over firm failings.
Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.
HMRC has published guidance on the transitional issues associated with the pension changes that were announced in this year's Budget.
Video: Steve Webb on annuities, investment risk and pensions 'guidance'
What's behind the spike in compensation claims handled by FSCS?
Advisers' hopes for the re-introduction of a long-stop on client complaints have suffered a blow after Financial Conduct Authority (FCA) chief Martin Wheatley suggested the regulator's investigation into the matter may have hit a roadblock.
The Association of Professional Financial Advisers (APFA) wants the government to include references to the benefits of full financial advice in its at-retirement guidance guarantee.
The government will unveil its plans for the at-retirement guidance guarantee next week, according to recently appointed older workers champion Ros Altmann.