Blog: The 'wedding dress' of financial planning

clock

George Osborne famously referred to free retirement 'advice' during his Budget speech but 'guidance' in the supporting documents, suggesting he sees little difference between them. Does this matter or is the difference just semantics, asks Fiona Tait...

George Osborne famously referred to free retirement 'advice' during his Budget speech but 'guidance' in the supporting documents, suggesting he sees little difference between them. Does this matter or is the difference just semantics? The most important issue is not what the service is called, but whether the customer understands exactly what service they are, or are not receiving. Always one to be looking for useful comparisons, I decided that I should go out and buy a new dress (purely in the interests of researching this article of course). My options are: Buy it from a cat...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Ros Altmann: A pensions manifesto for the new prime minister

Ros Altmann: A pensions manifesto for the new prime minister

Ros Altmann says pension funds could be a 'silver bullet' to revive UK growth

Baroness Ros Altmann
clock 25 June 2026 • 6 min read
Scottish Widows launches pension tracing tool

Scottish Widows launches pension tracing tool

Some 3.3 million pension pots are 'lost' in the UK

Holly Roach
clock 24 June 2026 • 1 min read
FCA SIPP market consultation to set clear standards of due diligence

FCA SIPP market consultation to set clear standards of due diligence

Consultation closes on 24 August

Jenna Brown
clock 22 June 2026 • 4 min read