Letters of Authority inefficiency costing industry £442m
25 April 2024
Letters of Authority inefficiency is costing industry £442m year, according to a new white paper from the PensionsLab. The research for the paper, which asked companies to log their LoA work, found that over 3.9 million LoAs are sent annually, with an average of 6.5 LoAs sent per month per financial adviser at an...