Financial advisers recognise the importance of scale as the workplace pensions market consolidates, but providers will need to do more to demonstrate how it translates into better outcomes for members, according to new research¹ from People’s Pension². More than half (51%) of advisers believe scale will become an increasingly important differentiator between workplace pension providers, versus just 8% who disagree. At the same time, only 11% believe smaller providers can continue to compete effectively with larger schemes, underlining the increasingly important role advisers expect scale to play as the market…
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