Pension committee urges UK regulator to ban contingent charges
But the FCA said more work needs to be done before it can intervene
Retirement
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UK platforms failing to provide income to retirees
‘Customers are being hampered by inflexible and infrequent payments and a lack of innovation’
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Is the EU playing politics with Italy’s tax relief?
European parliament deemed favourable regimes ‘discriminatory’ against member state’s citizens
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Long saving breaks can impact ‘quality of life in retirement’
Young adults are balancing financial challenges but need to make sure they contribute to pension
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UAE makes plans for expat retirement benefits fund
Government hopes system will ‘provide employment opportunities for new generations’
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US children unlikely to choose parents’ adviser
Financial services professionals need to start early – before money is inherited
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Retirement care costs in Hong Kong to rise sixfold in 40 years
The number of retired people in need of care will rise to 11% of the overall population
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Advice firms and directors draw wrath of UK watchdog
They recommended pension switches and transfers to products that invested in high risk, illiquid assets
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Hong Kong reverse mortgage product to support retirement
It will use a life policy as ‘collateral to draw down loans’
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Canada Life adds more generous equity release product
It will be available to homeowners aged 60+ who can borrow up to £1m against their house
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Impact of mental incapacity on financial planning
Powers of attorney have limits – especially when overseas assets are involved
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Baby boomers vs millennials: FCA dives into generation battle
Spotlight on pension, insurance, mortgage and credit inequality