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Pensions guidance providers unveiled

03 November 2014
Issue: 4476 / Categories: News , Investments , Pensions

Citizens Advice will provide the face-to-face pension guidance set to be launched next April, the Treasury has announced.

The free service is aimed to help workers understand their options as they approach retirement age, following the introduction of new pensions rules.

Citizens Advice will work with the Pensions Advisory Service, which will deliver guidance over the telephone.

An online offering is also planned by the government, which intends to legislate to underpin the guidance, making imitation of the guidance service a criminal offence.

Citizens Advice will provide the face-to-face pension guidance set to be launched next April, the Treasury has announced.

The free service is aimed to help workers understand their options as they approach retirement age, following the introduction of new pensions rules.

Citizens Advice will work with the Pensions Advisory Service, which will deliver guidance over the telephone.

An online offering is also planned by the government, which intends to legislate to underpin the guidance, making imitation of the guidance service a criminal offence.

The Treasury will hold overall responsibility for design and implementation until the service reaches maturity.

Issue: 4476 / Categories: News , Investments , Pensions
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