Savers are to receive free independent guidance from the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) when given unfettered access to their pension pots from next year, the government has said.
The plan changes an aspect of the major liberalisation of defined contribution pensions unveiled in the Budget. Critics had raised concerns a proposal to make providers give 'advice' could see unsuitable...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till