‘Common sense’ prevails as pension freedom withdrawals fall 17%
But drop is expected to be ‘a short-term blip’
Just Group
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More than 24 million vulnerable clients in UK, says watchdog
‘Pressure is on for companies, government and charities to tackle’ this growing problem
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Product provider unveils online financial planning service
It will target people ‘close to or in retirement’
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Over 1.5 million Brits aged 55-64 have no private pension
UK is ‘chronically under-saving’ and figures reveal a ‘worrying hole’ in nation’s preparations
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Pensions shake-up vital to halt social care ‘collapse’ by 2029
‘Auto-enrolment schemes create an illusion’ that people are saving enough for retirement
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PEOPLE MOVES: Old Mutual, Blackfinch Group, Chase de Vere
Executive leadership changes at insurer, and former Utmost sales head joins investment manager
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Brits’ inheritance will provide helping hand with property
Saving and investing also remains a key option for inheritors
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Only 9% of Brits would consult adviser if they won £3m jackpot
Receiving professional advice could help avoid decisions that ‘you might later regret’
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PEOPLE MOVES: Just Group, Schroders Personal Wealth, AJ Bell
Financial services firm hires CEO, while Lloyds joint venture bolsters team to set up adviser academy
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Education is ‘key’ to understanding vulnerable customers
Nearly nine-out-of-10 advisers admitted that it was difficult to spot clients in this category
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How to advise vulnerable clients
UK financial watchdog has made it clear that firms are expected to take up the challenge
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PEOPLE MOVES: Just Group, UBS, Hargreaves Lansdown
Resignations at the top for the UK retirement income business and the Swiss firm