The director general of the Association of Professional Financial Advisers said research commissioned by the trade body showed 83 per cent of adviser firms had capacity for new clients seeking decumulation advice.
Furthermore, nearly half of those businesses with capacity (48%) said they could take on at least 26 extra clients.
The research also showed only one adviser firm in five would decline clients on the basis of their pension pot size.
Mr Hannant said: “What our research demonstrates is that we have a profession that is both willing and able to help people plan their decumulation. Professional financial advice will, for many, be key to helping people get the best outcomes for their new-found pension freedom.”
