Steve Bee urges IFAs to brace for workplace advice 'tsunami'

Many advisers have said they have no plans to advise on the workplace savings segment of the market. However, Bee said IFAs will have clients who are employers who will turn to them for guidance about auto-enrolment when the date nears for smaller businesses to join the government-orchestrated scheme. "Even if IFAs don't want to talk about corporate pensions, their clients will want them to. A tsunami is about to hit." According to figures from The Pensions Regulator, seen by IFAonline, from winter 2013 to spring 2014, about 12,500 employers a month will reach their staging dates -...