Articles
Savings and retirement provider LV= has launched a equity release drawdown product on its new equity release platform for Financial Planners.
Fifth of UK workers still unaware of auto-enrolment
Written by Kat MitchellFigures from the Office of National Statistics showed that 19% of UK workers are unaware of auto-enrolment into a workplace pension scheme.
UK savers pumped £11.2bn into retail funds in the second quarter of 2020, according to the latest figures from the Investment Association.
Savings as important as pensions now say consumers
Written by Kat MitchellOver three quarters of UK adults (77.5%) said that the recent Coronavirus pandemic made them realise the importance of having savings to fall back on, according to a recent survey.
A fund raising page has been set up in memory of Curtis Banks communications director Greg Kingston who died tragically in July at the age of 47 in a holiday road accident.
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Aviva profit drops by a third as new CEO promises action
Written by Kat MitchellPre-tax profit at Aviva dropped 29% year on year to £1.07bn for the first half of 2020, as the provider pledged to transform its performance and improve efficiency.
The Bank of England said it expects the economy to shrink by 9.5% in 2020, less than the initial estimate of 14%.
The Competition and Markets Authority has provisionally blocked the ‘mega-merger’ of platform providers FNZ and GBST due to concerns that the tie-up would hit competition and may lead to investors paying more.
Expanding Chartered Financial Planning firm Fairstone has acquired Berkshire-based financial adviser Chiltern House as it continues its 2020 growth plans.