With the advent of consultant charging, group risk offers a valuable opportunity for advisory firms to achieve significant additional income, research has found.
Independent financial services consultants, Finance & Technology Research Centre (F&TRC) has released its benchmark survey of group risk providers, on a range of different e-commerce services across the IFA market. F&TRC said auto enrolment looks destined to create an increasingly competitive market in the pensions arena and will result in a situation where the majority of data necessary to populate electronic group risk systems should be readily available. There is a major opportunity at this time for organisations building new systems to include not only the data for pension contr...
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