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Pension Business Booming One Year On From A-Day, Say Advisers

11 April 2007

One year on from A-Day, 50% of advisers have reported an upturn in pension business and only 3% have reported a decrease, although complexity and the compliance burden have also gone up, according to Skandia.

Skandia asked over 500 advisers what effect A-Day had on the amount of pension business that they write. 50% reported an increase, 47% said they had seen no change, and just 3% reported a decrease.

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