Savers will receive free independent guidance as part of a move to give unfettered access to their pension funds from next year, the government said.
The Government's response to the consultation, published today, confirmed that the Government will continue to allow individuals to transfer from private sector defined benefit schemes to defined contribution pension schemes.
Millions of people will get free, impartial advice on how to make the most of their retirement savings under George Osborne's radical shake-up of the pension system. Pensions expert Ros Altmann, the Government's older workers' business champion, said:
Tory Eurosceptic Jacob Rees-Mogg played down the significance of the deal struck by the Government to win over pro-EU rebels.
The Tanaiste issued the warning to the UK ahead of a visit to Dublin by European Commission President Jean-Claude Juncker.
Around 9,500 people gathered at the neolithic World Heritage Site to attend the overnight celebration of the longest day of the year.