Abbey for Intermediaries has developed a pension simplification pack for IFAs in the hopes it will help them ensure clients are well-prepared for coming pensions legislation.
The pack, which will be available from 2 July, contains a guide on how to maximise business opportunities ahead of A-day. It also includes a summary of pending pensions simplification legislation as well as two case studies, highlighting two of the issues facing clients post-implementation of the new rules. Mike Brown, head of pensions and retirement at AfI, says: "According to the National Audit Office, up to 10,000 people could be worse off following pensions simplification - that's twice the number the government originally predicted - and experts predict that in total, up to 600,0...
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