Advisers will often act as adviser or trustee to occupational pension schemes. However, there are risks that they should be aware of says Jamie Ricketts
Traditionally IFAs have been involved in pensions from both the personal and corporate angle. For many IFAs, advising companies on their scheme, either as a trustee or solely as an adviser, has been a means of adding value to a client and a relatively safe and stable source of earnings. However, over the last few years the pensions landscape in the UK has changed significantly and these changes affect IFAs in a number of ways. Many of these changes have been regulatory and have, in some instances, increased the risks faced by IFAs, either in their role as advisers or trustees. The pensi...
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