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.