questionText: To ask the Chancellor of the Exchequer, what recent assessment he has made of the affordability of independent financial advice for members of pension schemes with safeguarded benefits who are required to take advice under section 48 of the Pension Schemes Act 2015.
answerText: The Pensions Schemes Act 2015 requires that members of pension schemes with safeguarded benefits take independent financial advice before accessing their pension pot flexibly, where the total value of the member’s benefits exceeds £30,000. These pensions ...
heading: Workplace Pensions: Advisory Services