APFA welcomes plans for consolidated guidance body

In its response to the Treasury's financial guidance review, APFA said it welcomed plans to restructure the delivery of public financial guidance currently carried out by the Money Advice Service, the Pensions Advisory Service and Pension Wise. But the trade body said the new organisation should provide a clearer and better referral system to regulated financial advice and deliver an improved service. It also called on the government to provide assurances the new delivery model would be more efficient and more cost-effective than the current providers. APFA argued all those groups ...