IFAs give staunch support to compulsion

A survey conducted among 300 advisers, by IFA firm Sesame finds 73% favour compulsion to address the UK pensions saving crisis, while four in five respondents also believe tax breaks would aid pension provision in the UK. Moreover, three quarters of advisers call for a more consistent government policy on pensions as an effective means to saving the current pension issue, while 70% point to a need to re-establish trust within the financial services industry, on the back of past mis-selling scandals, pension fund collapses and stock market uncertainty. Half of respondents suggest the addi...