Gov't to pilot face-to-face generic pensions advice

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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.

In its response to the Work and Pensions Select Committee report, published in July, the government says it agrees with the Committee about the importance of providing people with reliable information about their pension entitlement. And it says the introduction of personal accounts in 2012 and the publication of the 10-year financial capability strategy will “also require the government to reconsider individuals’ information needs around pensions and savings more widely”. As a result, on the issue of generic advice the government says it “continues to support the work of the Resolution...

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