PA360 North: Providers 'behind' on retirement planning innovation

Speaking on a panel at PA360 North hosted by Professional Adviser editor Jen Frost, a group of specialists explored the changes in retirement income. Standard Life head of fund solutions Andy Brown, noted that advisers have been innovating when it comes to retirement solutions for clients, whereas the provider industry has not quite caught up yet. "Advisers have been innovating for a number of years now, but providers have been caught out slightly." Brown said that from a provider's perspective, it is vital to crack down on what services advisers demand and need. "We need to tak...