Publication of the Pensions Bill this week is designed to be another step by the government towards giving consumers what they want in terms of financial protection at retirement.
However, the so-called simplification process by the DWP and Inland Revenue is becoming increasingly complex, particularly for advisers who have to explain the regime. Looking at the current retirement system and where legislation may be heading has, however, raised concerns about the IFA's continuing role in the management of pensions. At the same time as financial advisers are being ostracised from a key aspect of the sales process, it has also been noted THE IFA VOICE IS MISSING from the pensions debate. This is a little surprising, given the financial intermediary is best placed t...
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