TPAS

The majority of people approaching retirement want to get their ‘guaranteed guidance' from financial advisers or established consumer organisations not pension providers, research shows.

Satisfaction guaranteed? What face-to-face guidance might look like

The Association of Professional Financial Advisers (APFA) has called on the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) to deliver the government's at-retirement guidance guarantee.

Providers should be forced to deliver the guidance guarantee if they are to do the right thing by their customers, says Fidelity's head of retirement insight Alan Higham.

Product providers should have no role in delivering free retirement guidance, following the 'advice for all' proposals in the Budget, Legal & General (L&G) chief executive Nigel Wilson has said.

The government's retirement guidance guarantee should include the formation of an adviser directory to ensure consumers have a smooth route to regulated advice, according to the Association of Professional Financial Advisers (APFA).

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Could insurance companies deliver a retirement ‘advice' service that is both cost effective and able to pass a public test of impartiality?

The Personal Finance Society (PFS) was investigating establishing a National Retirement Advice Service before the Chancellor's Budget promise and believes an advice voucher system could be set up funded by redistributing regulatory fines.

The Pensions Advisory Service (TPAS) is considering the launch of video and Skype services to meet public demand for the government's financial ‘guidance guarantee'.