Wealth manager trade association PIMFA has questioned whether the Financial Conduct Authority remains ‘fit for purpose’ and is capable of dealing with all the problems facing the financial sector without major reform.
Men and women are over-estimating how many years they will live, according to a new study.
Kingswood, the City of London-based wealth manager and Financial Planner backed by private equity, has made three senior hires as it gears up for expansion.
Ministers should “not rush” to raise the age of pension access above its current level of 55, Steve Webb, former Pensions Minister and partner at pensions consultant LCP, has warned.
Aegon has welcomed a move to freeze the auto-enrolment annual earnings trigger at £10,000, a step that will mean an additional 80,000 eligible employees will likely start saving for retirement.
The Personal Finance Society, the 40,000-member professional body, has enlisted the help of ITN Productions to produce a news-style programme called Financial Wellbeing.
Nottingham-based Chartered Financial Planner Jonathan Nicholls has become the fifth PFS Fellow at his company, the RU Group.
The FCA says it may change its rules on authorised funds holding illiquid assets to protect retail investors.
Fund manager Jupiter, which recently announced plans to buy rival Merian, has reported an 11% decline in annual pre-tax profits to £162.7m.
Nearly 1 in 5 people (19%) never access information about their pensions, according to a survey by Populus for the ABI.