A panel of financial services luminaries including MetLife UK’s Managing Director Dominic Grinstead, Aviva’s Pensions Policy Director John Lawson and SimplyBiz Group’s Chairman Ken Davy have announced their participation in a web conference to be broadcast on the 17th of March at 11am.
Taking place less than 24 hours after the Budget, ‘2016 Budget update and the future of the advice market’ will cover topical areas including access to advice, robo-advice, pension freedom one year in, long-stop, pensions tax relief and the lifetime allowance, in addition to implications of the previous day’s Budget. The panel will also tackle questions submitted by viewers.
Places on the web-conference can be secured now at www.thefutureofadvice.co.uk
Ken Davy, Chairman of the SimplyBiz Group, commented: “It is a critical time for advisers, with both FAMR and the Budget set to set to generate a number of changes. This event comes less than 24 hours after the Chancellor’s statement and will provide a great platform to discuss the repercussions of the Budget and to provide advisers with our collective view on the future of the advice market.
“I am certain this will be a wide-ranging and extremely thought-provoking event and the fact that it is taking place so soon after the Budget demonstrates the importance of its implications.”
Dominic Grinstead, Managing Director, MetLife UK commented: “Volatility and low long-term interest rates are increasing the pressure on savers looking for certainty in retirement, while pension freedoms are creating confusion, and the Budget is almost certain to include plans to cut tax relief on pension contributions for higher earners.
“Once you factor in the EU referendum and the risk of a Brexit, it is no surprise that there is widespread uncertainty which underlines how important financial advisers are in enabling clients to get to grips with retirement planning issues. I look forward to debating the issues with Ken and John and focusing on how to help clients achieve the best possible outcomes.”
John Lawson, Pensions Policy Director, Aviva added: “Most thought it unlikely we would see further changes to pensions on the quite the same scale as 2014’s freedom and choice. But, if the rumours are true, what is announced on 16th March could have even more fundamental repercussions for pension planning. In addition, the results of the FAMR work may help answer the question of how we serve the millions of people who are crying out for advice, but whom the industry cannot currently economically help.”