Pensions freedom could end up being the "next major mis-selling scandal" in financial services due to insufficient consumer support, a group of MPs has warned.
A report from the work and pensions select committee said pensions freedom on its own was insufficient - people must also have the "freedom to make well-informed decisions". Pensions freedom and choice...
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client