FSA pensions guidance raises mis-selling spectre

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The FSA has published a consumer guide explaining what to do before retiring and how to get the best income possible from private, occupational and State arrangements.

However, one piece of information, which is likely to upset IFAs and perhaps discourage advisers from presenting the leaflet, is the inclusion of "pension mis-selling" as a term and what people should do if they think they were missold but have not yet made a claim. The eight-page document called Retiring soon - what you need to do - is written in very simple language and explains when to find out about their retirement income potential, depending on the type of plan held, how every type of pension scheme works and how to find out what income an individual is entitled to. This include...

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