APFA calls on MAS and TPAS to deliver retirement 'guidance'

Carmen Reichman
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The Association of Professional Financial Advisers (APFA) has called on the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) to deliver the government's at-retirement guidance guarantee.

In its response to the Treasury's consultation on 'freedom and choice in pensions', APFA director general Chris Hannant (pictured) said the two bodies are best placed to deliver the chancellor's guidance guarantee for people entering retirement, as they "already have the relevant infrastructure in place". Hannant stressed that any provider of guidance needs to be impartial and ready to refer clients on to regulated advisers if they need it, which is why "there needs to be a directory of advisers" funded by the £20m set aside by the government for this project. The MAS has already said...

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