MPs on the Work and Pensions Committee will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
The committee is looking at pensions freedom five years since it was introduced. The second part of the three-stage inquiry, launched in July last year, is to focus on protecting people who are moving from saving for retirement to using their pension pots. Pensions scams were the key focus in the first part of the inquiry which concluded taking evidence in January. For this stage of the inquiry, the WPC said it is interested in exploring the options open to people when they come to access their pensions, the advice and guidance which is available and the information people need to ma...
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