Examination of Witnesses

Part of Taxation of Pensions Bill – in a Public Bill Committee at 8:59 am on 11 November 2014.

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Teresa Fritz: Signposting will be crucial. We have already seen a big shift in the annuities market. That has stalled because of the pension reforms. We have to guard against that, because the products coming along are even more complex than annuities. My belief is that they cannot be sold under a non-advice regime. We have to be very vigilant. Signposting to regulated advice will be absolutely crucial.