The government will replace the statutory guidance providers, the Money Advice Service (MAS), The Pensions Advisory Service (TPAS) and Pension Wise, with new bodies following a further review.
The Treasury said it will introduce a new pensions guidance body and a new, slimmed-down money guidance body in their place. The bodies will be funded by a levy on the financial services and pensions...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till