Advisers back Prince Charles on pension industry outlook

The Prince of Wales called on the pensions industry to ditch its "short-term outlook" or risk condemning the country to a "miserable future" in a video message to the National Association of Pension Funds (NAPF) conference last week. A survey carried out by adviser business development portal Adviser Home revealed 74% of respondents back the Prince's statement that the "current focus on quarterly capitalism is becoming increasingly unfit for purpose." Adviser Home director Andy Kirby said: "Given the current state of the pensions industry and how few people are saving into a scheme, i...