Advisers expect Sipp sales to increase by 50%

It claims the research confirms advisers welcome the A-Day changes, but they also expect many implications for their business, with four in five advisers predicting an impact on reporting and servicing requirements. Around 78% of advisers believe the implications of A-Day could result in one or all of the following actions, including needing to track customers’ pension assets and investment strategy more closely, having to report more clearly the retirement and investment strategy to clients, who may also demand a more integrated approach to their overall financial planning needs. The...