APFA hits back at 'unhelpful' Bank of England adviser criticism

Bank economist Andy Haldane, who was speaking at the New City Agenda annual dinner, said that, like himself, advisers had "no clue" when it came to making sense of pensions and that the opinion had been formed during countless conversations with experts and financial advisers. In an open letter to Haldane, Hannant (pictured) concedes that the economist's point had probably been made to allude to the increasing complexity of financial products but that making this point by implying that regulated financial advisers do not understand pensions was "unhelpful". He said: "Becoming a financ...