Pre A-Day admin to 'go bananas'

Ashley Clarke, director of Need An Advisor.com cautions providers administration levels will reach a crescendo come January next year, as advisors would have delayed their requests, leaving things to the last minute. Clarke believes his experience of working for a provider over 10 years as a regional pensions manager before setting up as an IFA has provided him with a fair idea of how the future will play out come A-Day. He says: “I have already spoken to a number of providers who are experiencing ever increasing volumes of projection requests pre A-day. This (particularly the thousands...