Exciting times are imminent. The changes affecting the way in which over 55s access their pension benefits, announced in the 2014 Budget and Autumn Statement, are merely weeks away from implementation.
Details have finally emerged on the new Guidance Guarantee, which is costing a reported £35 million and will now be called Pension Wise. This is the government’s initiative to provide all pension savers with free and impartial guidance consultation, in order to assist them in making an informed decision on how best to use their pension savings.
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