Third of pension schemes 'appointed or considering appointing an IFA'

One-in-10 of XPS's pension scheme clients already have an appointed IFA working with them, while one-quarter (25%) are actively considering appointing one. According to the pensions consultancy, trustees of defined benefit (DB) schemes have historically focused on the benefits provided to the scheme, but since the introduction of freedom and choice, more options have been made available to members. Should schemes want to work with IFAs, XPS recommends trustees select an adviser who is "truly independent", does not use a contingent charging structure, has the pension transfer specialis...