Advisers will have a bigger job on their hands after gender equalisation comes into force this year, indicates research.
Primetime Retirement's survey has revealed 44% of advisers specialising in retirement planning predict more women will seek advice after the European Court of Justice ruling is implemented in December. The survey was conducted on 321 advisers nationwide. Three per cent said they had already seen a rise in queries from women hoping to benefit from an uplift in income after December. There are predictions male retirees will look to annuitise before the changes as the amount they get from annuities could decrease post December. The company urges advisers to start preparing clients now...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes