Pension reform offers huge opportunity for advisers - PADA

PADA, which is tasked with setting up the National Employment Savings Trust (NEST), says it latest research shows advisers will play a pivotal role in successful implementation of the reforms. While the bulk of smaller firms say they will seek advice from their accountant, more than half of medium and large-sized firms expect to seek help from a financial adviser. PADA spoke to more than 3,000 UK firms, employing between two and 10,000 employees. Roy Porter, head of intermediary distribution at NEST, says: "As our research shows, accountants and other intermediaries will have an ex...