FAMR: Retirees should get early access to pension cash to 'pay for advice'

FAMR recommends limited early access

Jenna Towler
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FAMR: Retirees should get early access to pension cash to 'pay for advice'

People approaching retirement should be given early access to a small part of their pension pot to pay for regulated financial advice, the Financial Advice Market Review (FAMR) has recommended.

The report, out this morning, has called on the government to allow consumers access to their pensions to redeemed against the cost of taking regulated financial advice. FAMR wants the Treasury to...

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