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Friends simplifies pension complexity

Friends Provident is publishing an IFA guide to pensions which explains the different types of plans available and includes technical information such as scheme rules.

The 70-page Simplified Guide to Pension Schemes is part of Friends Provident&#39s ongoing technical support for advisers.

The guide covers state benefits, contracting out and pension transfers. In-depth technical details and general information are illustrated with easy to understand tables and clear examples.

It also includes a summary of the legislation governing pensions since 1970 and comprehensive comparisons of different types of pension schemes.

Pension technical manager Chris Bellers says: “This guide builds on much of the information covered by our regular Pensions Facts newsletters and more.

“Our decision to compile the simplified guide came about partly as a response to feedback from IFAs in the marketplace for a one-stop easy reference source for pensions and partly to equip our own staff with the very best tools to meet our obligations to you and your customers.”

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