MPs' pensions freedom mis-selling warning is 'ill-addressed' attack

Dentons Pensions Management director of technical services said the comments made in the report, from the work and pensions select committee, were a "bit rich". The report warned consumers did not currently have enough support to make well-informed decisions when exercising pensions freedom. It said: "The difficulties consumers have in understanding financial products can result in a mismatch between buyers and sellers. "The financial services industry has a recent record of taking advantage of this asymmetry in a string of mis-selling scandals. "Improvements in guidance and adv...