Green Paper will "fail to increase pensions provisions"

Seven out of ten IFAs do not believe that the government's pensions Green Paper will increase retirement savings in any way, says quarterly research from IFA portal, the Exchange. Over three-quarters (77%) of the IFAs questioned say they do not expect to sell the proposed "Sandler suite" of stakeholder products, as 54% of advisers believe with-profits are still a safer form of investment - a surprise find, says the Exchange, given pressures on with-profits funds over recent years and their declining bonus rates plus the move from many providers towards more transparent "smoothed" produ...