Digital investment platform launches in Hong Kong
As Manulife unveils savings product in the Special Administrative Region
Retirement
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Retirement strategies must change to keep up with inflation
CPI hit 9% in April 2022 and is set to rise further in the UK
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2.5 million UK adults to be dragged into higher rate tax band
But ‘now have a much bigger incentive to put more money into their pensions’
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7IM boosts retirement planning services with partnership
It wants to create flexibility for financial advisers and their clients
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UK warned about high DC scheme costs with illiquid assets plan
Move would add ‘regulatory burden’ and deliver ‘little for members’
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Five ex-directors banned over unsuitable pension advice
They have also been fined over £1m in total
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Pension poverty a real risk after a divorce
‘It’s critical that couples take time to discuss one of their single most valuable assets’
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UK rejects automatic pension guidance appointments
Move may ‘encourage people to access their savings earlier than appropriate’, government says
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Two more advice firms linked to British Steel bite the dust
As FCA ban on asset disposal comes into force
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Spain-based cold calling scammers jailed for 11 years
They tricked more than 200 people into transferring their retirement pots worth £13.7m
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Emergency asset retention rules hit British Steel advice firms
To ensure they don’t weasel out of paying compensation to victims
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Investors urged not to sit on covid ‘excess savings’
70% of people want to keep the extra cash they put aside in bank accounts