Older savers are less prepared for financial shocks

Older people are less prepared for retirement shocks such as ill-health, relationship woes or urgent financial support needs from their wider family, according to new research.

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More clients are expected to shift money back into equities

Advised clients are moving their money away from cash and back towards equities as interest rates subside, according to a new survey of financial advisers.

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Chancellor Rachel Reeves announced her Budget measures at the end of October. Image: courtesy BBC TV

Eight in 10 financial advisers (79%) are unhappy with the measured announced in the Budget, according to a survey.

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Quilter Financial Planning's website

Quilter Financial Planning has added five new Appointed Representative firms to its advice network.

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The Scottish Budget proposals could see the majority of taxpayers in Scotland pay less income tax than those in England from 2025

Higher earners in Scotland will see a freeze on their income tax thresholds for the 2025/26 tax year at the same time as lower earners were given a 3.5% threshold increase in yesterday’s Scottish Budget.

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Michael Summersgill, CEO at AJ Bell

Advised platform customers rose 8% for AJ Bell to pass 171,000 for the year ended 30 September (30 September 2023: 159,000).

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CDA CEO Keith Richards

The Consumer Duty Alliance, the not-for-profit industry group supporting advisers with their duty commitments, has launched a free diagnostic tool.

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Campaign group LGBT Great has called on financial services firms to do more on inclusivity

Leaders in the financial services market are failing to do enough to support LGBTQ+ employees, according to a new report.

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The report found that the cost of cash is not well understood by savers

Cash savers have missed out on £165bn of returns this year when comparing cash interest with the return on global equities, according to a new report.

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Wednesday, 04 December 2024
Articles

The 10 local areas with the highest life expectancy were all the in south of England.

The effects of the pandemic cut life expectancy between 2021 and 2023 across the UK with no sign yet of recovery, according to the latest data from the Office for National Statistics.

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