Financial advisers look set to share a collective guidance guarantee bill of £4.2m in 2015-2016, according to government forecasts.
A Treasury update on the funding of the guarantee, now known as Pension wise, states the government will pay the set-up costs in 2014-2015. A levy across the financial services industry will then fund...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected