The predicted drawdown explosion post-April 2016 is an "excellent opportunity" for advisers, writes David Hughes, but can it be done without administration overload?
It has been widely recognised that greater flexibility and simplicity in the pensions market were long overdue and the announcement of more 'pension freedom' in March has been welcomed by many. Since the announcement of these changes in the Chancellor's 2014 Budget, there has been an increase in demand for financial advice as those moving closer to retirement explore their new options. As we move closer to April 2015, advisers have told us they have two main priorities: ensuring they are in a position to offer clients a retirement product that they really want, and doing this without ...
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