Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of just what kind of advice they need.
MPs are to launch a new inquiry into the sustainability of thousands of defined benefit schemes as the BHS and Tata Steel scandals draws attention to occupational plans. Committee chair Frank Field has branded the DB funding crisis “one of the great problems of this age”. The Work and Pensions Committee has been grilling trustees, […]
The axe is falling on pension exit fees but the FCA and Department for Work and Pensions are coming under fire for bowing to industry lobbying. Last week the regulator announced the cap would be set at 1 per cent for existing customers, and banned outright for new business. The DWP has signalled it is […]
Financial advisers around the world face a new frontier of challenges, including increased fee pressures, tightening regulations, growing competition from automated advice platforms and continued market volatility. In order to better position themselves for business growth, advisers will need to assume three key roles. Click to download full article
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