PEOPLE MOVES: Standard Bank, Equiom, Metlife
CEO changes at the South African banking group, as financial services provider names managing director
Aegon
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Aegon Asset Management global chief to step down
PGIM man named as her replacement
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Aegon to sell 50% stake in Japanese life joint venture
It will ‘remain focused and committed to the fast-growing customer segments in Asia’
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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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PEOPLE MOVES: Hawksmoor IM, Santander, Quilter Cheviot
CEO and founder leaves UK investment manager and DFM bolsters operation with four hires
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Industry divided after pension freedoms hit £25bn
But data is not a complete picture and ‘represents only a fraction of the overall cash being accessed’
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Later life planning on the agenda for young Brits
But majority of over 55s are not putting anything aside for old age care costs
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Significant shift in UK’s pension landscape
Retirement industry has undergone drastic change since 2013
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Apprenticeship changes ‘good news’ for advice sector
Plans to invest £700m in England brought forward to April 2019
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Lack of knowledge an issue for older UK investors
The investment world would ‘be a much better place if 95% of the available funds were to disappear’
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Advice firms interpret cost disclosure rules ‘inconsistently’
The UK’s financial watchdog has reviewed wealth managers’ performance on disclosure requirements
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One fifth of UK millionaires over 45 will not hand down wealth
Canada Life’s survey highlights people need to have ‘frank and honest’ inheritance conversations