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MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.
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:: Blog | July 2009 (12 blogs) | Recession prompts advisers to go back to basics
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Recession prompts advisers to go back to basics
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It strikes me as being a return to basic values, given that a report in this morning’s FTAdviser reveals that "…four out of five IFAs have stated that providing a secure income is their clients' main priority in retirement…"
According to Simon O'Connor, head of products and marketing at Lincoln, "There has been a real shift in attitudes towards retirement planning in the current climate,"
However, I am just a little uncomfortable in the fact that so many advisers appear to now feel the need to return to retirement planning because of the current economic crisis.
Retirement planning should always have been one of the main priorities for the majority of clients and their advisers, and ought to form an intrinsic part of the overall advice proposition. This should be irrespective of whether a client approaches an adviser for wealth, protection or care issues. See:
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Mike Jones, MyCompanyPension.co.uk Ltd, July 13th 2009
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