We have already explained in earlier blog posts some of the pitfalls to watch out for when the pension rules change in April. The government has set up advice centres across the UK to deal with public enquiries and now there are concerns about whether they will provide good enough advice. It is really important that people do get independent advice before they do anything with their pensions.
John Trayner has spent the past four decades working as a financial adviser, and is a specialist in pensions. He has obtained dozens of qualifications and, in his spare time, he volunteers at a leading charity, giving help to retiring savers. On the face of it, he seems like just the type you would want manning the phones of the Government’s new retirement guidance service.