Pension savers who do not take advice are more likely to lack retirement planning knowledge and be £200 a month worse off, according to research.
Standard Life has partnered with a number of trade bodies to launch a Retail Distribution Review (RDR) guide for advisers to help their clients understand the changes.
Standard Life has overhauled its UK operation following a senior management review and launched a dedicated adviser and investment unit.
Advisers are finding the rules around the disclosure of charges and services as the most challenging aspect of the Retail Distribution Review (RDR), a survey has suggested.
Wraps are beating fund supermarkets in attracting new business despite Cofunds' jump to the top of the platform league tables, according to latest figures.
Attractive commission options on offer from some providers ahead of the Retail Distribution Review (RDR) contributed to Standard Life's fall in gross inflows to its new-style propositions, its UK chief executive has said.