Intermediaries are failing to plan their retirement

Details of the latest Association of Mortgage Intermediaries' member census suggest for advisers who have at least 15 years of service still to do before retirement the most common pension plan held by mortgage intermediaries is a private pension, while some expect to remain power or part-owner of the business when they retire by bringing someone in to manage the business and taking an income from the firm. Almost one in eight (15%) say the insurance trail commissions they earn on product sales, such as recommendations for buildings and contents insurance, will provide part of the financ...