Independent Financial Life Planners Bishop's Stortford: Which? Is the one to trust...

Friday, 17 October 2014

Which? Is the one to trust...

Our reliable Independent Financial Advisors at Enable in Bishop’s Stortford can see why the executive director of Which? Richard Lloyd has suggested that the Treasury needs to “pull its finger out." He wants the government to publish details of exactly how the guidance guarantee for pensions that has been proposed will work. He was Speaking at a fringe event at the Liberal Democrat conference in Glasgow recently and thinks that the Treasury is leaving it late as the new system will be launching within months.

The new system initiated by George Osborne as part of his radical pension reforms means that all the UK population over 55s will have the right to “free, impartial, face-to-face” guidance from next April. Richard Lloyd, who was and advisor to ex-Prime Minister Gordon Brown from 2007 to 2010, said: “The Treasury needs to pull its finger out and work out who is going to provide guidance and how, and put standards in place. “It’s getting a bit late in the day for the details to be published and all the agencies involved need to be ready. It’s becoming a bit of a problem to say the least and the Treasury needs to speed up its decision making on how the guidance guarantee will be delivered.”

At the Labour conference, the shadow pensions minister Gregg McClymont has also called for more details to be published soon. Some advisors are asking for a delay so that the plans can be clearly thought through and delivered. If you are simply wanting some straight forward one to one discussion on the best management of your pension Enable’s IFA’s can help.

Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE

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IFA Bishop's Stortford

At Enable Independent we know that our clients trust us and rely on our advice to help them to plan a better, more secure financial future. This is a responsibility that we take very seriously especially because we know that many clients have chosen us on the recommendation of friends and family. Each one of our advisers has deep expertise in their area of specialist knowledge and, as a team, we hold some of the highest qualifications available in the financial advice industry.

Our job satisfaction comes from using our skills to find workable, affordable and flexible solutions to meet our clients needs. Whether we are planning for known future funding requirements such as house purchase, school fees or income in retirement - or for the unforeseen such as job loss, long-term illness or early death, our independence from any product provider enables us to view the marketplace impartially. Our training permits us to look beyond a product's marketing hype and select on the basis of its fitness for purpose.