Ken Davy: An 'Aladdin's Cave' of opportunities awaits advisers
The Chairman of compliance and support services group SimplyBiz says that the recent Budget and the FAMR Final Report have left him “…more optimistic about the future of advice than at any point in the past 20 to 30 years.”
Ken Davy made the comments during a recent web-conference hosted by SimplyBiz. The online conference also included Dominic Grinstead, Managing Director of MetLife UK, and Alistair McQueen, Aviva’s Senior Pension Policy Manager.
Davy particularly welcomed the fact that FAMR had created wide-scale opportunities in the corporate market. He said: “The employers’ £500 contribution to pensions advice is an ‘Aladdin’s cave’ of workplace opportunities for advisers.” McQueen added: “Employers have played their part in auto enrolment, advisers too can now step up.”