APFA: Almost all advisers see pension freedom enquiries

The adviser trade body found nine out of ten advisers said they have received an enquiry about getting financial advice as a result of the pension reforms. Pensions freedom and choice, which became effective in April, allowed consumers full access to their pension savings for the first time. Just over half of 240 advisers questioned by APFA said they had received requests for advice on how to transfer out of their defined benefit scheme - a safeguarded pension not allowing full access under the new rules - and one in four received an enquiry in relation to other safeguarded benefits. ...