LTA changes spark surge in demand for retirement advice

Half of financial advisers have seen uptick in retirement advice demand

Jenna Brown
clock • 2 min read
Aegon pensions director Steven Cameron
Image:

Aegon pensions director Steven Cameron

Changes to tax policies linked to retirement, such as the abolition of the lifetime allowance (LTA) have resulted in increased demand for financial advice for half of firms in the space, research has found.

NextWealth research, commissioned by Aegon, revealed that 49% of advisory firms that offer retirement advice had seen an increase in client demand for their services since changes to policies such ...

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