The Lang Cat: Advised platforms suffer record outflows in 2023
Outflows increased by 36.3% compared to 2022
Retirement
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35% of employees worried they won’t be able to afford to retire
With the pandemic fueling greater insecurity
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Advisers responsible for closing advice gap, survey reveals
With the perception gap between the advised and non-advised posing the biggest problem
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Is Portugal still an attractive place for UK retirees?
As the uncertainty of NHR surviving grows
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25% of Brits would not take financial advice even if it was free
As nearly half of UK adults have not seen an IFA
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Nearly 50% of Brits retired without reviewing their finances, survey reveals
With only 1-in-10 consulting an IFA
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75% of advisers concerned about inflation when considering retirement income for clients
While 61% highlighted the challenge of changing regulation
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91% of advisers concerned about losing assets in Great Wealth Transfer
With over half saying they would expect to retain services for a minority of clients’ dependents
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67% of women aged 41-55 believe they will never retire
As 41% of Brits say finances are impacting their mental wellbeing
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1 in 30 HNW individuals relying 100% on their homes to fund retirement
As house prices and trends in the overall housing market raises concerns about retirement plans