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Will the system for pension advice for those aged 55-plus work?
Craig Palfrey, from pension advice website Increase Your Pension, says: "If income and savings rates escalate in the future, as they are likely to do, this Government pension deal could look decidedly second-rate".
Gift from GF!" (Joe Budgie was speaking to the world in his role as nightclub incident ambassador for Financial Services Sans Frontier, the international charity that delivers free, independent pension advice to sub-Saharan Africa).
"Deloitte sent me a 17-page form to fill in, asking for every scrap of detail about the case, and then I received a letter from FSCS saying I was able to make a claim for compensation based on the IFA giving me bad pension advice because the bonds were sold to me after the broker had been told to relinquish sales," he says.
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"People tend to be very passive buyers of pensions advice".
In his budget speech, the chancellor promised they would get pensions "advice".
Perhaps the government ought to come clean and offer the following pensions advice: "OK, fellow citizens, time to get real.
He added: "If you have various pensions with different employers, now may be a good time to seek professional pensions advice.
Britain's insurers spent years clearing up the mess caused by the bad pensions advice they gave to at least two million people during the late 1980s and early 1990s.
The government this week unveiled details of the "pensions advice allowance" that will be available to millions of people well in advance of their retirement.
Many of Britain's best-established robo-advisers were speaking at this week's FCA conference, including Wealth Wizards and Money On Toast, which both offer online pensions advice to consumers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com