Pensions  

Pension reforms boost 50% of adviser firms

Pension reforms boost 50% of adviser firms

More than half, 53 per cent, of adviser firms have said they have already seen a positive effect on their businesses as a result of the pension reforms, research from FundsNetwork has shown.

Some 47 per cent believed that the main benefit was an increase in the number of enquiries on at-retirement options.

FundsNetwork’s new adviser research surveyed more than 200 advisory firms on the pension freedoms and the effect it has had on their businesses and the wider advice industry.

Article continues after advert

However, 42 per cent of advisers said they have yet to feel the benefits of the reforms.