UK retirees to get ‘third biggest increase’ in state pension
But 3.1% uplift in the 2022-23 financial year ‘may fall short’ of cost of living rises
AJ Bell
-
-
Investors turn back on UK equities for growth and tech funds
Lack of retail interest in asset class ‘is interesting as it goes against’ the institutional market
-
Decade of triple lock increased value of state pension by 35%
But next year marks the first time the rise will not be in line with the model
-
Cost of pension tax relief hits £41bn
But this is ‘no excuse’ for the chancellor to raid it in the upcoming budget
-
UK watchdogs team up to gauge value for money in DC pensions
Proposals will help consumers ‘challenge providers’ and ‘allow better comparisons between products’
-
Pound in your pocket just got lighter
After inflation hits record 3.2% in August
-
FCA review of DB redress guidance is a ‘sensible measure’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
-
PEOPLE MOVES: Pictet, Zurich, AJ Bell
Wealth manager hires CEO for UK, while insurer names group chief strategy officer
-
Advice firms reveal investment platform ownership aspirations
But it is not for the ‘feint hearted’
-
PEOPLE MOVES: IW&I, AJ Bell, Friends Provident International
UK wealth firm names CIO, while investment platform appoints deputy chief executive
-
Triple lock ‘pressure’ on UK chancellor after 8.8% earnings rise
‘Numbers don’t look like they’re heading in a direction that will dig them out of a hole’
-
PEOPLE MOVES: JP Morgan AM, AJ Bell, MFSA
Asset manager names Australia and New Zealand CEO, as investment platform appoints managing director