"We need only look at human behaviour... to see how easily people make sub-optimum decisions." Which is one take on whether retirees, given new pension freedoms, will spend wisely. Do you agree? Welcome to the first ever Professional Adviser Debate...
In this inaugural debate, in association with Retirement Planner, financial planner Dennis Hall and pensions expert Michelle Cracknell go head-to-head on THE big topic to emerge from Budget 2014: pensions. Can we expect the general public to make informed decisions about their retirement income following the recent Budget announcements? Chief executive of The Pensions Advisory Service Cracknell (left) argues that, given the right tools, the public can be trusted. Though not a panacea, the guidance guarantee, Cracknell suggests, could prove an invaluable tool. "Guidance does not tak...
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