Nearly two-thirds of advisers have seen an increase in business enquiries since sweeping changes to pensions were announced in the Budget, according to a survey by Skandia.
The June 2014 Adviser Insight survey, conducted among 963 financial advisers from across the UK, found 64% of advisers have received an increased level of enquiries from new and existing clients post-Budget, and almost 71% of those were for pension saving, retirement income or legacy issues. The chancellor announced in March savers will be able to access their entire pension pots in cash and avoid having to buy an annuity to retire on. Skandia retirement planning manager Adrian Walker (pictured) said the figures are "encouraging"and show the public is becoming re-engaged with saving f...
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