Kirsty Anderson: Why centralised retirement propositions shone in 2020

A centralised retirement proposition is no longer a new concept. We've all been talking about the importance of this for some time now and that's clearly reflected in the most recent benchmarking report published by Ascentric, in partnership with NextWealth, which gives a real insight as to how this market is developing. Of the advice firms surveyed, 50% said they already have a centrally agreed approach to retirement planning in place. Many plans were put on hold last year as a result of the pandemic but the report shows that a further 20% of firms plan to introduce a centralised retire...