Providers blame lack of demand for failing to offer advice allowance

Of the providers that are not offering the allowance, four said low demand from customers made the necessary changes to offer the scheme a low priority for them.  According to an article in the Financial Times on the weekend Aviva, Aegon, Fidelity, Legal and General, Prudential and Royal London are not offering the tax break, although some offer their customers access to HMRC's "adviser charging" facility. However Legal and General told Professional Adviser they were able to facilitate pensions advice allowance requests.   Prudential, Royal London and Aegon all told the FT that the...