Post-Budget pension advice surge fuelled by 'client confusion' - poll

In total 91% thought the Budget changes would boost demand for pensions advice. Lack of client understanding on the issue would be the biggest driver, the survey found, with more than a third of those polled stating their clients' understanding of the new rules was ‘poor' or ‘very poor'. The survey of 95 advisers found half of advisers think the new rules - introduced in the Budget 2014 - will result in the demand for advice rising by between 20% and 50%, while just over a quarter of those polled predict the demand to rise by 50% or more. Overall advisers were positive about the chang...