More than 8 in 10 (83%) Financial Planners support a reform of the money purchase annual allowance (MPAA) because of the Coronavirus pandemic, a new survey said.

AJ Bell is to provide access on its adviser platform to selected DFM funds from the second half of 2020, it revealed in its six month interim results out today.

New research suggests that 1 in 10 over-55s (11%) have either accessed their pension early or plan to do so due to the Coronavirus outbreak.

Platform and SIPP provider AJ Bell has reported client numbers up 22% to 262,179 over the past 12 months.