Financial Conduct Authority [FCA] offices in Canary Wharf, London. Photo by Michael Walter/Troika
ABI, NAPF and the Trade Union Congress back commission to tackle short-termist political approach to retirement saving.
The UK economy will take uncertainty created by the general election “in its stride” and grow 2.8 per cent this year, the EY ITEM Club says. The consultancy’s spring forecast, which uses HM Treasury’s economic modeling, predicts gross domestic product will hit 2.8 per cent this year and 3 per cent in 2016. This is […]
Pension providers will have to offer customers advice or risk losing out to their rivals, say experts. In an attempt to offer the mass market an advice option, some providers have linked up with advice businesses and firms offering simplified advice, while others have created their own propositions. LV= will become the latest firm to […]
Ed Miliband has resigned as Labour leader, effective following today’s VE day commemorations, after the party was hammered in the general election. Miliband’s party lost out heavily last night, retaining just a single seat in Scotland, while shadow chancellor Ed Balls lost his seat in Morley and Outwood. In a speech today, Miliband said Labour deputy […]
Robin Geffen, Fund Manager & CEO An over-reliance on ‘low volatility’ products could be seriously limiting returns for investors saving for retirement. Whilst risk awareness is vital in portfolio construction, in our view the biggest risk to pension savers is not portfolio volatility; it is the very real risk of a retirement funding shortfall. View […]
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