Selectapension's paid TVAS service sees spike in demand

Offers two TVAS services

Hannah Godfrey
clock • 2 min read

Selectapension has seen increased demand for its paid transfer value analysis (TVAS) service since providers began pulling out of the market after the Financial Conduct Authority said a free TVAS constituted an inducement.

Selectapension offers two TVAS services; advisers can either pay per report, costing them £200 plus VAT, in which Selectapension does the report for them, or pay a licensing fee where advisers can pay a subscription for access to a set of tools that will enable them to create their own TVAS reports. The provider has offered the licensing service since its inception some 14 years ago, and began offering paid-for reports around eight years later. National accounts director Peter Bradshaw (pictured) said the firm has already seen a spike in demand since providers began pulling out of the...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

State pension nears tax threshold – how can the government fix it?

State pension nears tax threshold – how can the government fix it?

'While policy change would be welcome, individual action is just as crucial'

Laura Suter
clock 06 May 2025 • 4 min read
A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

Transfer delays highlight need for ten-day Pension Switch Guarantee

Sahar Nazir
clock 29 April 2025 • 2 min read
Sipps: How clients can avoid common retirement planning mistakes

Sipps: How clients can avoid common retirement planning mistakes

'Retirement planning stands as a cornerstone of long-term financial well-being'

James Floyd
clock 28 April 2025 • 4 min read