'An accident waiting to happen': Why drawdown retirees need more than guidance

From the moment Mr Osborne boldly stated in his 2014 Budget that all those considering taking retirement benefits would be offered the provision of free, impartial, face to face guidance on their retirement options, questions were posed about how that could happen and how it would be delivered. There is absolutely no question that all individuals considering access to their pension pot would benefit from better education and the delivery of a consistent source of guidance. In addition, there is no doubt that the Chancellor was sincere in his desire to break the poor habits of insuranc...