Guidance guarantee must include adviser directory signpost - APFA

Jenna Towler
clock

The government's retirement guidance guarantee should include the formation of an adviser directory to ensure consumers have a smooth route to regulated advice, according to the Association of Professional Financial Advisers (APFA).

Director general Chris Hannant said the directory should be established and maintained by either the Money Advice Service (MAS) or The Pensions Advisory Service (TPAS) to ensure the "hand off" from guidance to properly regulated advice is as smooth as possible for consumers. He said APFA was well placed to help keep the directory up to date once it is set up. Hannant told PA: "People will need help to make the right decision and more people will look for advice. The hand off [from guidance to advice] to consumers must be effective and easy. "Any directory should be owned by MAS or ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Reeves to consider £2bn raid on tax-free pension lump sum

Reeves to consider £2bn raid on tax-free pension lump sum

Telegraph reports PCLS cut could help plug £50bn public finances hole

Jonathan Stapleton
clock 21 August 2025 • 3 min read
State pension age review: Govt launches call for evidence

State pension age review: Govt launches call for evidence

UK faces long-term demographic pressures

Jenna Brown
clock 18 August 2025 • 2 min read
'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

After PensionBee calls for a legally enforceable transfer guarantee

Sahar Nazir
clock 18 August 2025 • 2 min read