Progressive tightening of regulation around financial advice has resulted in a higher quality industry of approximately 25,000 qualified advisers. The gradual demise of the increasingly unaffordable defined benefit company pension scheme was already passing investment risk on to the individual. When combined with pension freedoms that have removed any final obstacle around having to purchase an annuity (as well as inheritance rights on any remaining pot), the key financial decisions being pas
02 May 2019
Demand for advice exceeds supply
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Demand for advice exceeds supply
- Published:
02 May 2019 -
Author:
Shore Capital Research Team -
Pages:
27
Progressive tightening of regulation around financial advice has resulted in a higher quality industry of approximately 25,000 qualified advisers. The gradual demise of the increasingly unaffordable defined benefit company pension scheme was already passing investment risk on to the individual. When combined with pension freedoms that have removed any final obstacle around having to purchase an annuity (as well as inheritance rights on any remaining pot), the key financial decisions being pas