Personal Touch mandates top-up exam for pensions freedom advice

Personal Touch said all advisers will need to pass the Chartered Insurance Institute's (CII) new pensions exam 'R08 Pensions update' or hold advance pension qualifications G60 or AF3 if they want to give retirement advice after March next year. The CII launched its new bridging unit in April this year to coincide with the roll-out of the government's pension freedom reforms, which allowed many savers full access to their retirement savings for the first time. R08 caters to all advisers and paraplanners who hold an existing pensions exam, while also providing ten Diploma-level credits ...