The government could face a fresh mis-selling scandal if it fails to prepare for its guidance service, Chris Williams, CEO of Wealth Horizon has said following the Autumn Statement.
"From April 2015, savers will be able to access their defined contribution pension as they wish at the point of retirement, subject to their marginal rate of income tax, instead of the current 55% charge...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected