Inflation drives cost of retirement up 20%
Clients may need to rethink their financial plans for later life
Clients may need to rethink their financial plans for later life
April 2023 deadline does not give providers enough time to live test
Advice firm names CEO of its electronic money operation, as insurance giant makes c-suite change
Swiss banking giant bolsters international wealth arm, as Jersey firm names head of client relations
It will set in stone best practices for inclusivity
It can be white-labelled by financial institutions and is also available to the general public
Industry veteran Richard Williams has left international product distribution firm Provisca to build a global network of financial adviser partners for Dubai-headquartered Continental Group.
The majority of UK adults want stricter rules put in place to ensure their pension pots are secure, according to research by the Pensions and Lifetime Savings Association (PLSA).
The UK Government is planning to “swiftly” introduce a pension cold-calling ban, but has come up short on setting an exact date, as industry commentators have questioned how effective a ban will be in stopping criminals.
Just a day after Carillion entered liquidation, the Pensions and Lifetime Savings Association has warned that it has already seen signs that scammers are looking to exploit defined benefit (DB) scheme members.
The UK Government is committed to banning pension cold calling and will bring forward draft legislation for scrutiny to ban the practice in early 2018, a member of parliament (MP) has confirmed.
A series of national income targets could be used to help pension savers understand whether they are on track for a comfortable retirement, the Pension and Lifetime Savings Association (PLSA) has proposed.