Pensions are often on the news agenda, with claims that many people are not saving enough money to retire on, but a new report to be released next month has focused on pension providers .
Defaqto will publish its latest findings into the pensions sector, suggesting that many pension providers could flourish in the current market.
Pension providers need to tailor pension products to their customer's needs and deliver high standards of service, Defaqto states, something which investors should perhaps begin to expect as standard.
Group principal consultant of pensions and wealth management at the firm Matt Ward comments that report will help to understanding the pensions market.
"I believe this report will be an important contribution in understanding the pre and post retirement savings market," he remarks.
Mr Ward, author of the report, adds that the results show that many providers can capitalise on the opportunities presented by the movement of the arena.
In related news, there has been speculation by industry figures, such as Jim Spowart from Peopleschampion.com, that savers have become cautious since the Northern Rock crisis.
Pension providers could flourish
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