Webb: Providers should have no part in retirement guidance

Speaking at the Baker Tilly pensions conference on Thursday, Webb said the mechanics of how guidance would be delivered were still under consultation but "instinctively I would be very nervous about providers providing guidance". He also said many people in the industry had been "sniffy" about the guidance-for-all pledge but they were "missing the point entirely". "Today people are getting no help, no guidance and they are getting it wrong. People who are being sniffy about this are missing the point.  "They [retirees having had guidance] will then be more likely to spend a bit of ...