The new financial guidance body should be required to report on the consumer outcomes that stem from its guidance, as well as the number of people it refers to regulated financial advice at retirement, LV= has argued.
In response to the government's consultation on the consolidation of the Money Advice Service (MAS), The Pensions Advisory Service (TPAS) and Pension Wise, the insurer said these measures should ensure...
15% increase in number of claims paid
Open architecture philosophy
Inflation above 2% for first this this year
Focus on customer centricity
To repay £900,000 to customers