Time for a techno revolution in group pensions?

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We can segment the IFA market in different ways, but today we will consider advisers who deal primarily with companies and pension schemes as opposed to those who deal primarily with individuals.

For the latter group, planning and asset allocation technology has made a big difference, with over half of advisers now using asset allocation technology, and every major insurer bar one making such tools available via their platform. However, the former group has been the subject of much lesser focus – which is ironic when you consider the needs of the Group Pensions marketplace. As some readers may remember, pre-stakeholder, the Group Pensions marketplace was a buoyant place. The rewards available could easily justify the costs of sending a fully qualified adviser out to see all of th...

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