Turner warns IFAs don't want to sell to low earners - papers 25th Nov

Having reiterated his warning to the government means-testing is discouraging low earners from saving for retirement, Turner, who chairs the Pensions Commission, then proceeded to tell MPs: "We have been told anecdotally that some IFAs are reluctant to sell pension plans to those on low incomes. They don't want to be accused of mis-selling pension plans to those who would have been better off letting the state pick up the bill." STANDARD LIFE is today expected to announce yet more job cuts within its 12,000-strong workforce, which could see the closure of branches in Liverpool, Leeds ...