Advisers need help with third way pensions-research

The survey of around 100 advisers, from a variety of firms, found 95% were aware of third way pensions, but some felt they had very limited knowledge of what they are and how they work. This lack of understanding is constraining growth in the market, RSM says, despite most advisers viewing the products as a useful addition to current retirement options. Its research also found advisers believe the pension plans must become more competitive both in terms of charges and flexibility if the market is to grow. Many are also waiting for the entry of more mainstream players before they become ...