The gap people need to fill between their income aspirations in retirement and the amount provided by the State Pension has climbed to £18,552, according to new analysis of DWP figures.
London Chartered Financial Planning firm Westminster Wealth Management has hired former Fairstone director Mark Hewson to the newly-created role of director of business operations.
Jean-Noel Alba, the former deputy chief executive officer of French asset manager H2O AM LLP (H2O) has been fined £1,049,500 by the FCA and banned from the financial services industry.
Six people have been charged over a pension fund and SIPP fraud which involved £75m being invested into storage units in the North of England and Scotland.
The State Pension age may need to rise as high as 80 to deal with a long term funding crisis, according to new modelling by pension consultants and actuaries Barnett Waddingham.
A quarter, 24%, of people have little to no idea about how much they and their employers are paying into their pension.
I attended the launch in central London this week of the Personal Finance Society’s £1m drive to find new blood for the profession and tackle the worrying long-term decline in new entrants. It was a sobering morning.
SIPP operator Corporate & Professional Pensions Ltd (FRN: 465748) has been declared in default by the Financial Services Compensation Scheme.
Three in five UK investors (57%) would consider investing in illiquid assets through Long-Term Asset Funds (LTAFs) when they are allowed in ISAs, according to new research.
I don’t think I was the only one a little surprised by the Chancellor’s decision this week to order a significant review of at least part of the Consumer Duty, which was only fully introduced in 2023.