Change ahead for pension distribution

pensions

Although there will be a wider range of ways to distribute pensions in future, the most popular means of distribution is still likely to be intermediaries

The most accurate statement one can make about predictions is that they are invariably inaccurate. The pensions world is not immune; almost every week there is another opinion about the future shape of pensions. This is excellent for filling column inches but not necessarily helpful in planning for the future. What can be said with some certainty is that there is likely to be some change in how pensions are distributed over the next decade. Distribution will develop further, providing customers with a choice of channels through which to transact business. But the dominance of the intermedia...