Rumours of our demise are unfounded

Pensions

The introduction of the NPSS doesn't mean the end of advisers' involvement with group personal pensions as long as they act now to seize the opportunities available after its introduction

Every cloud has a silver lining in that pensions are in the news more than ever. The publication of Lord Turner's Pension Commission's report heightened this focus. What would the landscape be like for financial advisers whose business centres on contract based group personal or stakeholder pensions if Turner's National Pension Savings Scheme (NPSS) or a variant of this idea becomes a reality? What role would we have to play? It seems logical to suggest group pension advisers would have a dramatically reduced role as those people on moderate incomes are auto enrolled into the NPSS. Lord...