Later life planning on the agenda for young Brits
But majority of over 55s are not putting anything aside for old age care costs
Aegon
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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
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Market volatility making 21% of UK investors seek advice
Aegon’s survey also found 69% not planning to take action with their investments despite uncertainty
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Fraud centre reveals ‘shocking’ £197m losses for victims
Chameleon-like scammers are ‘adept at changing to present themselves as the genuine article’
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Top adviser threats for 2019
Brexit takes the top spot for UK IFAs, but what else is keeping them up at night?
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OMI’s Denton warns of pension transfer specialist decline
High cost and lack of availability of PI cover, more Sipp complaints and FCA scrutiny are big factors
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Around one in three Brits not in control of finances
Study shows ‘worrying picture of the UK’s financial health’ and people’s ‘ability to manage money’
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Pension cold calling ban is ‘only part of the solution’
UK companies may face fines of up to £500,000 but overseas firms are exempt from the ban