Pensions industry must come together to promote advice allowance - podcast episode cover

Pensions industry must come together to promote advice allowance

Nov 01, 201918 minEp. 48
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Episode description

In this week's podcast we will be discussing with our guests: Pete Glancy, head of policy, Scottish Widows and Mike Lacey, partner, Bowmans Pension Consulting about the pensions advice allowance, which allows defined contribution pension scheme members to withdraw £500 a year tax-free from their pot, up to three times in their life, to pay for advice. We will also look at what providers should do to promote this feature and why savers are still wary of financial advisers.

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