UK retirees lack emergency savings
Over 20% think they have enough funds for rainy days, but they actually fall short
Latest news
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‘Large tax bills’ to hit savers without LTA protection
So far, over 300,000 people have applied to HMRC to safeguard against changes
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Pilatus Bank and official charged with money laundering
Just days after the firm was fined nearly €5m for AML/CTF breaches
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BNP Paribas eyes China wealth joint venture
It is reportedly discussing the deal with a bank in the country
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South Africa shelves social security reforms
Proposals ‘were not well understood and misrepresented’ and more clarification is needed
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Nine UK firms in default between June and July 2021
Eight of which provided financial advice, planning and insurance services
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$18m Ponzi scheme couple charged
Alongside five other entities used to receive investor funds
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PEOPLE MOVES: Pictet, Zurich, AJ Bell
Wealth manager hires CEO for UK, while insurer names group chief strategy officer
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Maltese bank fined €4.9m for AML breaches
‘Seriousness and systemic nature of failures’ allowed millions to pass through unchecked
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Hong Kong investors expect unrealistic returns
They look for outsized stock market performance despite the turmoil caused by the pandemic
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UK network unveils investment offering for advisers
As it plans to roll out its own range of funds later this year
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UK wealth manager rebrands following acquisition
As buyer prepares to roll out centralised investment proposition to IFAs