• More than two in five financial advisers (43%) say the increased pension flexibility brought about by the Pension Freedoms is confusing clients, according to a new report.

  • Investor confidence in UK markets rose 70% in May, according to the latest Investor Confidence Index.

  • Almost three in five (58%) 30-to-60 year old investors have increased interactions with their financial advisers in the last 12 months, according to a new report.

  • One in 10 investors (11%) regret failing to seek advice from a financial adviser, according to a new report.

  • A quarter (25%) of over-50s wish they had taken their pensions 'more seriously' at a younger age, according to a new survey.

  • Over a quarter (23%) of Generation Z adults would turn to a financial adviser in comparison with just 6% of Millennials, according to a new survey.

  • Four in five financial advice firms reported increased turnover in 2024, with two thirds anticipating higher profits in 2025, according to a new report.

  • The pace of merger and acquisition activity in the IFA market has increased with widespread consolidation under way, according to new research from respected pollsters Opinium.

  • For the first time the FCA is to survey all regulated firms for its annual Practitioner Panel joint survey.

  • Three in five people (60%) are positive about their finances for 2025 in comparison to only half who felt this way going into 2024, according to new research.

  • The majority (95%) of financial advisers believe that the incoming inheritance tax liability on pensions is their clients’ greatest current financial concern, according to a new report.

  • One in five Britons (22%) wish they had learned to save for retirement earlier, according to a new report.

  • Financial advisers are delivering greater value to their clients who are more satisfied as a result, according to a new report.

  • Over one in five (21%) of mass affluent Britons lack confidence that their inheritance planning is in order, according to a new survey.

  • A third (32%) of mass affluent savers between 35 and 54 are planning to increase their pension contributions, according to a new study.

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    The five winners of Financial Planning Today’s Financial Planning Profession Survey Prize Draw have been announced.

  • Firms in the retail investments sector, which includes most financial advice firms, had one of the lowest levels of satisfaction with their relationship with the FCA.

  • Northern Ireland pension savers are the least confident in the UK that they will enjoy financial freedom in retirement, according to a new study.


    Savers from Scotland and the East of England were also concerned about later life finances, with many of those surveyed saying they were not confident that they would be able to have financial freedom in retirement (see table below).

    The most confident savers were those from London (47%) and the Midlands (44%).

    Only 42% of Northern Ireland pension savers say they felt confident they would retire in 'financial freedom' - meaning few worries about funding their lifestyle.

    Despite confidence being relatively low, over half (52%) of those surveyed in Northern Ireland had sought advice from someone about their retirement, with 15% having sought the services of a financial adviser.

    Over half (52%) of Londoners had reached out to someone for advice on their retirement finances, with 9% having used a financial adviser. Half of those in the East of England had turned to someone for advice, with 13% having used a financial adviser.

    Northern Ireland savers were also the most likely to be concerned about the costs of healthcare in retirement. Some 21% said healthcare costs were a worry, according to a survey of over 2,000 retirement savers by national financial adviser Continuum. This is more than twice the number of Londoners who shared this concern.

    Ben Alcock, Chartered Financial Planner in Continuum, said that the research highlighted how Northern Irish savers were seriously worried about healthcare costs in retirement and about retirement finances generally.

    He said: “Despite 81% of Britons telling us that maintaining their current lifestyle in retirement was important to them only 8% of Northern Irish savers said that this was one of their main concerns when it comes to their later life finances. Other worries, such as being able to pay for healthcare, seem far more pressing.” 

    How confident are you that you will be able to have financial freedom in retirement?

     

    North

    Midlands

    East

    London

    South

    Wales

    Scotland

    Northern Ireland

    Confident

    42%

    44%

    42%

    47%

    43%

    43%

    43%

    42%

    Not confident

    48%

    46%

    50%

    42%

    43%

    47%

    50%

    51%

    Unsure

    10%

    10%

    8%

    11%

    14%

    11%

    7%

    7%

    Source: Survey of 2067 adults by YouGov on behalf of Continuum.

     

    • YouGov surveyed 2067 adults on behalf of Continuum between 28 and 30 June. Fieldwork was undertaken between 28 - 30th June.  The survey was carried out online. The figures have been weighted and are representative of all UK adults (aged 18+).


     

     

     

     

     

     

     

     

  • Whilst the majority of UK workers between the age of 43 and 58 have clear aspirations for their retirement, only 12% have clear financial goals and a budget for retirement, according to a new report.

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