Almost three quarters of advisers want to be included on a Money Advice Service (MAS) directory for firms prepared to give retirement advice to those who have received free pensions 'guidance' under a government scheme, research suggests.
The Association of Professional Financial Advisers (APFA) asked 211 financial advisers whether they wanted to be part of the 'guidance guarantee' process outlined at Budget 2014. Some 45% were unconditionally interested, while a further 28% said they would be if they could stipulate client criteria. The MAS has been tasked with delivering free independent 'guidance' to retirees from April next year, alongside The Pension Advisory Service (TPAS). It follows the wide-ranging changes made to pensions taxation as announced by George Osborne in March. The MAS is in the process of est...
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