The pension planning blight of recent years is now finally over says Scottish Life head of pensions strategy Steve Bee.
Bee says IFAs are now in a position to start to advise clients on the new simplified pension regime that will take effect from April 2006.
Bee says: “We are now at the beginning of a two-year period when we will finally be able to talk about pensions with certainty again, and people and companies will be able to make sensible and informed decisions regarding their pension arrangements.
“I think we've finally got to where we wanted to be and have the time we asked for to help us do our jobs properly. I think we should all be pretty pleased about that and the fact that the planning blight of the last few years is now finally over.”