As many as 6,000 people have accessed the Money Advice Service's (MAS) retirement adviser directory in its first month of operation, the consumer body has said.
The directory, which seeks to match people at retirement with appropriate regulated advisers, was launched in April to complement the government's pension reforms. Under the reforms, dubbed 'pension freedom', savers over the age of 55 are allowed to access all their retirement pot from 6 April. The government set up a free guidance service for retirees seeking help with their choices and the MAS created a directory of financial advisers specialising in retirement planning for those wanting to access regulated paid-for advice following the guidance. Read: MAS adviser directory op...
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