National advisory groups have endorsed proposals put forward by the Personal Finance Society (PFS) for a tiered approach to delivering George Osborne's retirement 'guidance guarantee', but are unsure about the viability of one of its tiers - a regulated 'focused' advice model which would come with a flat fee.
The PFS has suggested participating advisers could offer a simplified advice route for retirees for whom Osborne's proposed 'guidance' may not be enough, and a full financial review too much. To...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
