Demand for advice surges since the introduction of pension freedoms

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Demand for advice surges since the introduction of pension freedoms

Since the introduction of pension freedoms, unbiased.co.uk, the UK’s number one adviser search, reveals that pensions search queries for the period April – September 2015 showed an increase of 64% on the same period last year.

unbiased.co.uk's head of advice, Claire Walsh, has discussed the figures, which highlighted the increased need for advice following new reforms.

The new data from unbiased.co.uk also shows that:
•Pensions accounted for 49% of all search refinements on the site since the introduction of pension freedoms
•Pension search queries increased 68% from April 2014 – April 2015
•Pension searches on unbiased.co.uk spiked in Jan-April 2015, in the immediate run-up to pension freedoms coming into force, and in July 2015, following the Chancellor’s interim Budget

Claire Walsh is an award-winning Chartered Financial Planner at a Brighton-based independent financial advisory firm. She advises consumers on all areas of personal financial planning including pensions, investments & savings, protection and tax planning, with retirement and inheritance tax planning a particular focus.

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