Pensions - Articles - LV= responds to the guidance delivery update

 “From April, those approaching retirement will have even more choice as to how they take an income from their pot and it is important that they are made aware of all the options available to them.

  

 “The multi-channel Guidance service will play an important role in helping people to make an informed decision, and signposting them to financial advice, where appropriate. We welcome the fact that the service will be developed in response to consumer feedback as this will be crucial to ensuring that guidance leads to the right outcome for retirees.

  

 “The development of a standardised product that provides individuals with key information about their pension pot is a step in the right direction. We hope it will empower consumers to seek regulated advice and so shop around for the solution that best suits their needs. We look forward to working with Government and guidance providers as the service evolves.”