The number of personal pension plans sold by IFAs has disappointed since the start of stakeholder ...
The number of personal pension plans sold by IFAs has disappointed since the start of stakeholder in April 2001. However, the number of IFAs reporting group personal pension sales has been encouraging. The findings and assertions come from Misys IFA Services based on a stakeholder survey it conducted amongst its members. The supplier of services to IFAs admitted that IFA sales would always struggle on the personal pension plan side, but figures still came in at the lower end of expectations. Only 43% of responding members said personal pension plans were the same or increasing sinc...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes