Advisers say Turner proposals don't go far enough

Views from advisers were pretty equally split over the introduction of a National Pensions Savings Scheme (NPSS), with 51% saying it was a good thing, but 84% believe advisers are best placed to decide the investments under a NPSS, with just over 7% choosing the Government. Fidelity say the results of the survey show the general view of advisers is that while the Turner report is helpful in raising awareness of the importance of retirement planning, the fundamental recommendations don’t go far enough. Over 75% of advisers believe the proposed increase in retirement age is insufficient, ...