Responding to today’s Mills Review, the FCA's examination of the impact of AI on financial services, pension consultancy Broadstone has warned that consumers must be protected, “from bad pension decisions driven by good-looking AI answers.”
A new study covering 4,000 people has found that nearly half of people (48%) have never discussed retirement plans with their families.
Digital investment platform Moneybox says its AUA (Assets Under Administration) climbed two-thirds or 62% to £19bn in 2025 and it has since added 100,000 new customers pushing AUA to more than £22bn by April this year.
Investors under the age of 30 drove a 27% increase in the number of Stocks & Shares ISAs opened in the 2024/25 tax year.
Saving and investing platform Moneybox has unveiled three new low cost, branded pension funds in partnership with European investment manager Amundi.
The number of people choosing to invest climbed 5% in the last year as confidence in investing soared by 25%.