Advisers can still pay a critical part in the pensions market following A-Day by making investment portfolios the key focus, claims Defaqto.
It says post A-Day clients will still have a wide choice of pension products and will require quality, professional advice to help them select the most appropriate one for their needs. The financial research company says there are a few key questions advisers will need to consider post A-Day: Are they confident or, more importantly, qualified enough to professionally advise on the wide range of funds and assets available? Will their investment advice process hinge on the use of risk profiling and asset allocation tools? Or will they outsource investment decision making to multi-man...
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