OpinionOct 30 2014

Are the advisers qualified?

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Regarding the guidance guarantee – so Mas does online, TPAS on the phone and Citizens Advice face-to-face.

So an individual comes to the most crucial time in their lives to make a financial decision, which ultimately could see them live in a degree of comfort or poverty, and they get three different bodies, one of which (Mas) does not seem trusted by the Treasury.

These people have no experience or qualifications, and who will oversee the overall standards of the bodies? Why does the government not provide ‘advice vouchers’ or the like to retirees rather than spending all this money on something doomed to fail? Oh, wait, sorry – advisers are not trusted as we are all unethical.

Philip Gillett

Director consultant, Gillett Financial, Cheltenham, Gloucestershire