12th January 2015

Royal London: How will the new guidance service work?

A new guidance service is being introduced by the Government to help individuals understand their choices at retirement from April 2015.

The Chancellor George Osborne announced in his Budget 2014 statement that everyone who retires from a defined contribution scheme will be offered free, impartial, face-to-face advice on their choices at the point of retirement.

But how will the guidance service that will deliver this advice work? We answer some frequently asked questions.

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