PFS calls for free adviser guidance under voucher system

Advisers supporting the new body - a merged entity of the Money Advice Service, The Pension Advisory Service and Pension Wise - would then be remunerated by deducting a proportion of the costs from their Financial Conduct Authority levy, the professional body suggested. In a letter to the Treasury, the Department of Work & Pensons, and other ministers, the PFS proposed the sessions would be delivered either by telephone or face-to-face and would result in proper financial advice where there was a need.  PFS chief executive Keith Richards (pictured) said many advisers already volunteer...