Articles
1 in 2 to work longer due to lack of retirement income
Written by Kat MitchellHalf of workers in the UK (49%) plan to work beyond State Pension age, with the average person now expecting to push back retirement to 72.
Quilter recruits adviser propositions head from Sesame
Written by Kat MitchellWealth manager and Financial Planner Quilter has appointed Craig Ross as head of adviser propositions.
United Arab Emirates-headquartered wealth adviser GSB Capital has become the first international firm to achieve CISI Chartered Firm status.
Wealth manager Brooks Macdonald has completed major organisational changes, cutting full year costs by about £4m, according to a trading update today.
The 12 month rate of CPI inflation increased by a surprise 0.1% in December to 4% despite experts predicting a fall to 3.8%.
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The FCA has named former Investment Association CEO Daniel Godfrey as the first chair of its new sustainable finance adviser group.
The World Economic Foundation has projected that average retirement ages in OECD countries, including the UK, will need to increase by an estimated 8.4 years by 2050 to maintain the current balance between working-age and non-working-age populations.
Retirement resilience has dipped and is expected to fall further during 2024 as house prices continue to fall and asset values fail to rise in line with inflation.
Almost two-thirds of Britons expect the UK to enter a recession this year, with just a fifth confident that one will be avoided.