What next for the pension advice allowance?
The government has said it will be reviewing the pension advice allowance - which was introduced following the Financial Advice Market Review to help close the advice gap - after most major providers said they either didn't offer it or saw little or no interest.Pensions minister Guy Opperman has admitted the allowance, currently set at £1,500 over three years, was "too low to get an efficacious outcome" and said he was now working with HM Treasury to see if it could be improved.This week reporter Amy Austin examines what future the pension advice allowance might have. She is joined by Peter…
The skinny
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