Cost-of-living crisis is increasing ‘retirement anxiety’
A fifth of Brits are losing sleep due to worrying about retirement
United Kingdom
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European wealth manager invests in three UK advice firms
Company says it is ‘not in the business of buying and consolidating’
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UK regulator bans duo for British Steel Pension Scheme advice failings
Advisers will pay £155,000 in compensation
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Schroders subsidiary appoints Gillian Hepburn as commercial director
As it announces over 200 advisers are in the pipeline to join the business
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Ex-Prudential boss named SJP chief executive
He will replace Andrew Croft
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PE-backed advice firm makes double acquisition
Both businesses will remain at their current offices
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FCA to introduce screening checks for financial adverts
Rules come into force in February 2024
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Saltus launches partnership programme for financial planning firms
It is aimed at advisers that ‘want to maximise value and maintain control of their own destiny’
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Should Brits stop turning their back on annuities?
Despite increasing interest, they do remain a ‘niche product’
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One Four Nine Group makes ninth acquisition
As it unveils advice arm
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One-in-10 advisers planning to quit due to Consumer Duty
More than a third say regulations are harming their mental health
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State pension set to rise by 8.5% in April
‘Government has a difficult balancing act ahead’ with the triple lock