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Conference 2013: Advisers tipped to win from auto-enrolment

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Conference 2013: Advisers tipped to win from auto-enrolment

Financial advisers should look to develop strong ties with accountants in order to take advantage of auto-enrolment, according to pensions expert Steve Bee.

Speaking at the New Model Adviser® conference Bee said auto-enrolment would result in large numbers of small and medium-sized businesses seeking financial advice, and was an opportunity IFAs should not miss out on.

Bee said age variance and confusing worker classifications such as eligible, non–eligible or entitled workers, meant small business owners would flock for advice when it came to auto-enrolling employees.

‘Advisers should develop a good strong accounting relationship in advance to take advantage of the massive opportunity this presents,’ he said.

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