Perhaps Melanie Johnson has not yet sought the view of Social Security Secretary Alistair Darling on whether people offered stakeholder need advice. In the Financial Times (April 27, 1999) he is quoted as follows:
“I have always taken the view that if someone is buying the most elementary product from the financial services industry, they probably need advice. Certainly, on something like a pension, which is more important than buying a house, there has got to be provision for advice.”
Darling is the MP for Edinburgh Central and I can vouch from personal experience (he is my MP) for his knowledge in this area.
Director (pensions development),Scottish Equitable