Impact of RU64 abolition on pensions business

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Results of the latest Incisive Buzz surveys

The latest research from Incisive Buzz asked: With the proposed abolition of RU64 by what percentage do you expect the increase (if any) of business within personal pension plans to be within 12 months? Additional comments: Those who stated 0% added: • Why should it make any difference to the public? If they haven't got the means to pay, they won't. • Even with RU64, personal pension is the stronger proposition and I have been advising clients accordingly for years. It's nice to have some unnecessary red tape abolished for a change. • RU64 has not been a problem in practice. • I h...

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