The Money Advice Service (MAS) has published details of the criteria advisers will need to meet before they can be listed on the website's directory.
The directory is aimed at helping consumers find a regulated financial adviser specialising in retirement planning after the government's pensions reforms come into force in April 2015. Industry and consumer bodies have spent some time hammering out an agreement on the requirements for firms wishing to be listed on the directory. Firms will be provided with details of how to register for the directory early in the new year. Under the agreed rules, financial advisers on the directory must have the ability to provide regulated financial advice in either the ‘at retirement' or ‘post r...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes