Phil Billingham: We need to tackle the 'distribution' gap

The ‘Advice gap’ continues to crop up in the news, whether by way of being a problem for Artificial Intelligence to solve, or the source of regret from retiring consumers who did not, or could not, get timely and useful advice at a critical time in their lives.

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Canada Life reports annuity sales up 121% to record £1.2bn

Canada Life has reported record sales of individual annuities in 2023 of £1.2bn, up 121% on 2022.

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2 in 5 advisers facing issues attracting new clients

Around two in five (40%) financial advisers see finding and attracting new clients as the biggest challenge facing their businesses, according to a new report.

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SIPP sales jump after bounce back

 

Sales of Self Invested Personal Pensions (SIPPs) bounced back in 2022 to reach nearly 900,000 new plans arranged - the highest level since 2018.

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