Retirees receiving financial 'guidance' via the government's 'right-to-advice' promise outlined at Budget 2014 will also be told how long they are likely to live to help inform their decision about what to do with their retirement savings, Steve Webb has said.
Those approaching retirement have little idea about their life expectancy, Webb told Sky News. Webb said the guidance would be given face-to-face by savings 'advisers' to those who request it. As...
Helped with rebrand
From 6 April 2020
Failure to engage
Ahead of 12 December general election
Tapered annual allowance headache
Lost to Labour's Mick Whitley
Landslide win for Tories