Tillinghast demands better pensions advice

Consumers, especially higher earners, need to look beyond the Government’s Personal Accounts scheme, and the life and pensions industry needs to ensure it is able to offer them a compelling and distinct alternative, Tillinghast said. This can be achieved by widening the scope of the industry’s advice to customers, and clarifying the value that advice can provide, a process that needs to begin as soon as possible, the adviser to life and pensions providers said. “Personal Accounts are an urgent call to action, not an excuse for ‘planning blight’,” said Andy Cherkas, principal at Tow...