M
Mithrandir
Guest
Early indications from the passing of the Pensions Bill and amendments seem to preclude RIAPI's aka Restricted intermediaries from the PRSA market, apparently over fears of miselling out of occupational schemes. This is buffered by rules which only require employers who do not have pension schemes to provide PRSA deduction, ie PRSA sellers are being steered clear of existing schemes.
It may be that the Pensions Board and Central Bank who will be responsible for regulating the Product, and the Providers respectively are sending a message to the market. It is to be the preserve of Authorised Advisors, it seems.
This reopens the debate about polarisation and the creation of two distinctly different tiers of advisors.
It may be that the Pensions Board and Central Bank who will be responsible for regulating the Product, and the Providers respectively are sending a message to the market. It is to be the preserve of Authorised Advisors, it seems.
This reopens the debate about polarisation and the creation of two distinctly different tiers of advisors.