L&G chief: Providers should have no role in pensions 'guidance'

"A genuinely impartial, independent body - not a product provider - has to be the organisation providing the guidance", Wilson told the Daily Mail. "Delivering this guidance guarantee won't be easy, but it is key to the success of the Chancellor's pension reforms." To support the government's far-reaching changes to pensions unveiled at Budget 2014, George Osborne said every retiree should have access to free, impartial financial guidance on their options. A working group which includes the Personal Finance Society (PFS) is examining ways the guidance can be delivered from April ne...