PFS creates 'Pensions Advice Taskforce' in wake of British Steel scandal

Providing voluntary code of professional standards

Victoria McKeever
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Keith Richards: "We want to play a greater role in protecting the interests of both the profession and the public."
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Keith Richards: "We want to play a greater role in protecting the interests of both the profession and the public."

The Personal Finance Society (PFS) has created the 'Pensions Advice Taskforce' to protect consumers from the 'unintended consequences' of the retirement freedoms legislation, after the British Steel "fiasco".

The taskforce has a voluntary code of professional standards for pension advice. Among those to join PFS chief executive Keith Richards on the taskforce is former pensions minister and Royal London...

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