deVere Group launches workplace savings arm

Jenna Towler
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deVere Group has launched a dedicated workplace advice division which will provide whole of market advice to current and former employees of larger businesses.

The firm’s head of East Midlands Mitch Hopkinson will oversee the unit. He said: “This new division has been established because there has been a tide shift in traditional retirement planning methods in the UK, which requires a fresh approach.   “The increasing demand for this department’s services is largely due to the unprecedented changes taking place with workplace pensions, driven by the demise of the ‘gold plated’ final salary pensions and the move to more flexible working patterns as well as the long term upward trend in mortality.”

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