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 600,000 people could suffer over the next 20 years.
He continues: "With the right advice, many people will be able to minimise the impact of the changes on their pension benefits - and protect the amount of tax-free cash that they can draw at retirement.
"But they will need to act quickly," he adds.
AfI's simplification pack comes as a part of the firm's ongoing campaign on pending legislation.
Advisers can request a copy of the pack for free on 0845 600 1313IFAonline
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