One in seven unprepared for retirement, says Prudential
Of those people in the UK who are planning to retire this year, 15% have no pension savings, research from Prudential has revealed.
Of those people in the UK who are planning to retire this year, 15% have no pension savings, research from Prudential has revealed.
The UK care home market is undoubtedly a niche one but it still throws up plenty of opportunities for those investors looking for sustainable levels of income – and it is so much more than a play on property.
Private equity house Cogress UK has said it plans to release a regulated offering which will allows UK IFAs to invest client money into its collective property investment model.
Financial advisers are the real winners in the wake of the UK’s Retail Distribution Review, according to Brooks Macdonald International’s Darren Zaman.
Adaptation to the RDR is having a discernible impact on profitability in the adviser community, with almost two-thirds of businesses saying they are more profitable than in 2013.
The UK pension reforms have caused the demand for financial advice to rise significantly, according to Old Mutual Wealth.
Despite announcing plans to dip its toes into the non-advised space, shares in Hargreaves Lansdown fell around 3% on Wednesday, largely in response to it highlighting the significant increase in its Financial Services Contribution Scheme levy payment.
A financial adviser currently employed by Holborn Assets in the UAE has been fined and banned in the UK after the Financial Conduct Authority found him guilty of knowingly recommending inappropriate, high risk products to retail clients.
Advisory networking giant, Openwork, has decided to ditch its membership with the Association of Professional Financial Advisers (APFA).
The Association of Professional Financial Advisers (APFA) has called for a freeze in the Financial Conduct Authority’s (FCA) budget for the next two years to give its members a break from having to meet its steadily rising fees.
Over £500m could be lost in inheritance tax this year due to inefficient planning, a report by unbiased.co.uk has revealed.
Harwood Capital Management has bought Wellian Investment Solutions, for an undisclosed sum, in an effort to add discretionary management to its suite of offerings.