Families with 2 retired generations to soar 30%

More than one million families are expected to contain more than one retired generation by 2034 – a 32% increase on the 813,000 multi-retiree families seen currently, according to a new study.

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IFAs complain Consumer Duty has made it harder to advise clients

 

Six months after it was implemented, over two fifths (45%) of IFAs believe the Consumer Duty has made it harder to advise clients.

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UK recession expected by two-thirds of Britons

Almost two-thirds of Britons expect the UK to enter a recession this year, with just a fifth confident that one will be avoided.

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Personalised guidance will enhance decision making - ABI

New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.

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