Insight
Title:
Providers could be forced to offer advice, directly or via a partnership, in order to serve the mass market
Description:
All the pensions freedoms will have a lot of customers phoning their provider wanting to execute those freedoms:
The providers are obliged to serve as a second line of defense. This could be by offering:
- guidance
- referral to Pensions Wise
- advice (directly)
- referral to an independent adviser.
PESTEL:
Political
Five Forces:
Bargaining power of buyers