Ever since pensions freedoms came into effect in 2015, the pension and investment industry has experienced a tidal wave of transformation.
One of the inevitable consequences has been the increased need for financial advice: gone are the days when the vast majority of people chose an annuity to live on for the rest of their lives.
Now people have a choice. While the ultra-rich always had more complicated affairs and were used to seeking ongoing advice with drawdown schemes, it is the mass affluent who are suddenly needing more assistance.
SimplyBiz Group PLC (LON:SBIZ) provides compliance support and business consultancy services to financial services, legal and workplace benefits professionals in the United Kingdom. It offers regulation, vision, business efficiency, personal development, and encouraging growth services.