Planning for retirement is a crucial life stage, and it is important that people feel well-informed and confident in the decisions they make, the chief executive of the Money Advice Service (MAS) said. Caroline Rookes added:
The Money Advice Service welcomes the Treasury's announcement that we will have a role in the provision of the retirement guidance guarantee.
We are pleased to have this opportunity to build on our existing work helping people as they approach retirement and with wider money issues.
More top news
Greece's controversial Finance Minister Yanis Varoufakis has released a defiant statement of resignation entitled 'Minister no more!'
Auditions for X Factor have been cancelled following the death Simon Cowell's mother.
Andy Murray faces the towering 6ft 10 ins Croat Ivo Karlovic as he looks to book his place in the Wimbledon quarter final.