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Wealth Management News

News in October 2017
25 Oct 2017 Millions don´t pay into a pension, FCA survey reveals

Millions of people in the UK are not saving enough for their retirement, according to the Financial Conduct Authority (FCA). For many people, the state pension will not be enough to maintain living standards. Yet the FCA´s Financial Lives Survey 2017 revealed that around 15 millio...

18 Oct 2017 Talk about inheritance with your children, says Saga Money

New research suggests that over-50s are cutting back on essential living costs so that they can build an inheritance pot for their loved ones. Saga Money has urged families to talk about inheritance after its survey found that while retired people want to save to pass on an inheritance,...

11 Oct 2017 Savers who transfer pensions often get unsuitable advice, FCA finds

Pension savers who seek financial advice on transferring out of a “final salary” scheme are often given unsuitable recommendations, according to an investigation by the Financial Conduct Authority (FCA). With growing numbers of people abandoning defined benefit (DB) schemes, the reg...

04 Oct 2017 Retirees willing to take financial risk, survey shows

The over-50s are increasingly prepared to take a degree of financial risk in order to grow their pension pot, according to new research by retirement specialists Retirement Advantage. A survey of 1,005 over-50s who are yet to retire, and who have private or defined contribution pensions...

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