Money guidance and retirement savings advice: a critical view

The Government’s feasibility study into a national financial advice service was long awaited by both industry and consumer groups alike. However there are some practical issues still outstanding as the recommendations are taken forward as pathfinder projects over the next year. In this inaugural article in the series of think pieces launched by the CII, accomplished pensions expert and commentator Ros Altmann takes a critical view of Thoresen’s proposals with respect to the new pensions accounts.[...]