DB to DC shift driving UK adviser business, portfolio size

Advisers expect the shift from defined benefit (DB) to defined contribution (DC) pensions to drive both the number of new business enquiries and the size of portfolios a new survey shows. Conducted by Investec Wealth & Investment (IW&I) last month, the survey of 98 intermediaries suggests that the number of new business enquiries following the UK's pension freedoms has grown significantly. Please link to International Adviser to read the full article by Geoff Candy.