Richard Nuttall assesses the impact of the government's pension guidance project, Pension Wise
Pension Wise: Your money. Your choice. This is the rather catchy title of the government’s new guidance guarantee service. The service will engage with, and inform, individuals on how they can access their pension funds when considering their retirement options. The guidance guarantee was formally confirmed in the Treasury’s January 2015 update, which also reconfirmed the service standards of the initiative, how these will be delivered and by whom. The content of the guidance session will include: • A request of information about the individual’s accumulated pension pots • ...
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