Half (51%) of those who advise on defined benefit (DB) schemes believe the proposed ban on contingent charging would result in a fall in demand for DB advice, according to research from Aegon.
The life giant also found advisers believe a fall in demand for DB transfer advice would widen the advice gap. The research was carried out in the wake of the Financial Conduct Authority's (FCA) proposal to...
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September