Three things that changed advice forever in 2015

Brave new world

Laura Miller
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Big changes have been the theme this year, with advisers once again being forced to roll with the punches. Professional Adviser picks three of the most significant developments and analyses their impact...

  1) Pension freedoms Even if you spent 2015 living under a rock or on Mars trying to help Matt Damon grow potatoes out of his own poo (‘The Martian', watch it, it's brilliant), you couldn't have missed the pension freedoms that came into force on 6 April, giving 55 year olds unfettered access to their defined contribution (DC) retirement savings. Pensions suddenly became exciting, and by proxy, so did people like you who know about them - as one SIPP provider told me over lunch, dinner party guests who had previously shunned him once they found out his profession were now picking h...

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