Helping us to dig down into the topic of retirement is Sue and Meg’s guest on the IFA Talk podcast today, Philip Smith, Director of Defined Contributions, at TPT Retirement Solutions – one of the UK’s leading providers of workplace pensions.
The relatively poor take up of professional financial advice by those people approaching retirement is something that concerns all of us in the industry – and beyond it too.
But how can we try and improve things? Why are people so hesitant or nervous or reluctant or whatever the reason, to take advice at one of the most crucial times in their lives?
In this conversation with Philip, we explore some of the main reasons why so few people approaching retirement will actually use an adviser, how advisers can boost the uptake of professional advice at this key point and also set out a wish list for what some of the biggest priorities might be for the new Labour government when it comes to DC schemes.
Listen on Spotify HERE
Listen on Apple Podcasts HERE
