The guidance guarantee is a good first step but regulated advice is key for retirees of all shapes and sizes, writes David Trenner...
For a politician announcing the introduction of much greater freedom at retirement without providing pension holders the appropriate level of assistance would not be very clever, and one thing George Osborne cannot be accused of is not being (politically) clever! In an age where most Budget statements are usually just a confirmation of all the rumours that have been circulating in the days and weeks before - usually leaked deliberately - Mr Osborne succeeded in pulling a rabbit from the hat and surprising us all. Rumour has it that just 14 people knew about the changes in advance. ...
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