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According to Philip Story, senior executive officer and head of distribution EMEA at Investors Trust Assurance, while staggering, this sort of statistic provides advisers and insurers with a great deal of opportunity.
“Making sure the advice gap is filled as best we can is crucial to ensure people get to retirement with the money they want,” he said.
Xavier Meyer comes in
Group will launch £4.5m in cost-saving measures over the coming months
The reluctance of platforms to allow for fractional trading means the inclusion of ETFs and investment trusts within MPS is being constrained
Record annual IHT take last tax year of £7.5bn likely to be beaten
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
Fund has split its fixed income exposure into four, rather than using a single broad index
