Revealed: What advisers told the Treasury about pensions 'guidance'

The cat is out of the bag: the government's promised retirement 'guidance guarantee' - available to all over-55s from April next year  - will be delivered by the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) - and advisers will help pay for it. This is not exactly what advisers had in mind when they first listened to George Osborne reveal his far-reaching changes to pensions during the March Budget. Here is what some advisers requested in their response to the government's consultation...