IFAs should use the Statutory Money Purchase Illustrations (SMPI) which will be sent to clients afte...
IFAs should use the Statutory Money Purchase Illustrations (SMPI) which will be sent to clients after 6 April to review their customers' pension charges, recommends Legal & General. Some customers are likely to be concerned when they will see what they, in the end, will retire on, and are going to want to ensure that they get the best deal as possible says Andy Agar, director of Legal & General. One of the issues most likely to be raised as a concern by clients is the charging system of some of the older pension plans which have now accumulated substantial funds. Change...
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