Pension simplification brings choice to all retirees, meaning advice has never been so valuable. But, Sheriar Bradbury writes, advisers just can't afford to get involved with the less wealthy…
Few would argue that the changes to pensions are anything but good news for the IFA sector. While the full details have yet to be ironed out, the additional complexity of negotiating a client's liability to tax and structuring retirement funds in the most tax efficient way, alongside potential re-investment opportunities presents an excellent window for financial planning. Nor I suspect would anyone disagree that the changes will mean more people than ever will need sound financial advice on what to do with their pension fund should they decide to access it. Yet the reality is neit...
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