A-Day chaos seen in tech survey

On the basis of 116 responses to a questionnaire sent to some 5,000 people, the majority not only believe pensions simplification will not encourage greater savings, but that systems as currently used do not provide enough data quickly enough to make the decisions required in the next year or so. With fewer than 400 working days to go until A-Day, IFAs at the distribution coalface are contemplating having to make fast decisions on behalf of their clients, with their time per client likely to be increasingly squeezed the closer they get to 6 April 2006, says DTchairman Chris Read. ”Dec...