generic advice

A national approach to generic advice should cover a wide range of financial issues and questions including offering "advice on advisers", says the government.

The article published on IFAonline on 20th November contains some misconceptions about the Citizens Advice Bureau (CAB)/IFA pro bono projects to which we would like to respond to.

The article published on IFAonline on 20th November contains some misconceptions about the Citizens Advice Bureau (CAB)/IFA pro-bono projects to which we would like to respond to.

The Work and Pensions Select Committee has announced the launch of an inquiry into the proposals for a new system of personal accounts.

Despite a general welcome for the white paper on personal accounts, several organisations are calling for a stronger focus on the role of advice.

Differences in the individual suitability of personal accounts could cause problems in producing clear generic advice, claims the Pensions Policy Institute.

The Personal Accounts Delivery Authority will need the help of the financial services industry to design the generic advice which is "crucial" for personal accounts, claims John Hutton.

The government is planning a pilot project of face-to-face guidance sessions to deliver information on retirement to people over the age of 50.

Generic advice is essential if personal accounts are to be successful, says the Resolution Foundation.

The Pensions Advisory Service is launching a dedicated national pensions helpline for small business owners and the self-employed.