IFAs 'add £3,000 to pensions'

The company conducted an experiment on ten households to see the effects a regular face-to-face meeting with an IFA had on their finances, and found the participants could expect to draw £14,900 a year from their pension, as opposed to £11,800 without any advice. Saran Allott-Davey, managing director of Heron House Financial Management and the IFA used in the experiment, said: “Pensions provision is a very complex area and my face to face time with the participants has been invaluable. “It has resulted in clear benefits to five of our ten participants who now feel less worried about t...