Guidance guarantee must include adviser directory signpost - APFA

Jenna Towler
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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).

Director general Chris Hannant said the directory should be established and maintained by either the Money Advice Service (MAS) or The Pensions Advisory Service (TPAS) to ensure the "hand off" from guidance to properly regulated advice is as smooth as possible for consumers. He said APFA was well placed to help keep the directory up to date once it is set up. Hannant told PA: "People will need help to make the right decision and more people will look for advice. The hand off [from guidance to advice] to consumers must be effective and easy. "Any directory should be owned by MAS or ...

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