Winterthur Life

Educating and informing working Brits on pensions is crucial if the country is going to reverse a 60/40 ratio of state to private retirement provision and close the current savings gap, research indicates.

Winterthur Life has launched a new stand-alone site called Morrison-line, designed specifically to provide IFAs with up-to-date pension news, views and regulatory up-dates.

Pensions specialist, Winterthur Life has warned delays to simplification detail will block IFAs providing absolute advice.

Winterthur Life believes it has identified a niche in the high net worth market which might present a business opportunity for financial planners.

Nine out of 10 IFAs believe fee-based remuneration is either essential or important in order for their business to succeed in the future, says Winterthur Life.

Winterthur Life is staging a series of regional workshops to update IFAs on the proposed changes and impact of pensions simplification, as well as demonstrate their Portfolio Balance IT tools.