44% of Gen-Zs believe social media provides worthy financial advice
Should the advisory industry utilise social media to educate Gen-Z investors?
Pension Wise
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UK rejects automatic pension guidance appointments
Move may ‘encourage people to access their savings earlier than appropriate’, government says
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Is pension nudge plan doomed from the start?
FCA wants providers to do more than just signpost Pension Wise guidance
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UK regulator urged to draft rules on pension guidance
Four million people could be missing out on free support ahead of retirement
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Pension freedom users failed by UK government body
Hope that taking guidance would become a ‘new norm’ has not materialised
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UK gov’t launches advice provider to ‘streamline service’
Operation created by merging Money Advice Service, Pension Advisory Service and Pension Wise
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Guidance body plans leave UK advisers no better off
UK financial advisers will not receive support from the financial guidance body that will be created through the amalgamation of the Money Advice Service (MAS), The Pension Advice Service (TPAS), and Pension Wise.
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FCA sets £74m levy on advisers
Financial advisers will have to pay a £73.7m levy to fund the Financial Conduct Authority’s (FCA) £518.9m budget for 2016/17, according to plans laid out by the regulator.
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UK lawmakers call for action on financial advice gap
The UK pension freedoms introduced in April this year are not yet operating as well as they should, and the provision of affordable advice was “woefully inadequate”, a new report from a parliamentary oversight committee found.