Walk the line: Where does guidance stop and advice start?

The line between financial advice and guidance may still be blurred, but it is absolutely clear that a lot of people need help with their retirement income decisions. Thousands of over-55s across the country have been eagerly taking their pension pots as cash since the freedom and choice reforms were introduced in April. And many people who would have traditionally gone straight for an annuity are instead opting for drawdown, be it advised or non-advised. The role of advice and guidance, (and the key differences between the two), have been at the forefront of pensions freedom. T...