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How technology can solve the financial education gap

Years ago there was a strong correlation in the mind of the general public between financial matters and bicycle clips. In the days when milkmen delivered milk and dairy products daily to the doorsteps of millions and bakers delivered bread and cakes, most households also had a regular visitor whose job it was to spread […]

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FCA enhanced annuity review points to value of advice

Advisers have criticised providers’ enhanced annuity sales practices after an FCA review found some firms failed to tell customers they could be entitled to better than standard rates. After reviewing 1,200 sales at seven firms the regulator says 90,000 consumers might be entitled to compensation. It plans to conduct a follow-up investigation at a “small […]

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Ashmore flows flat despite emerging market recovery

Ashmore Group posted a 4 per cent increase in assets in the first quarter of the financial year but net flows remained flat despite an emerging markets recovery. In a trading update published today, the emerging market-focused fund said assets under management rose to $54.6bn (£44.77bn) from $52.6bn at the end of June. The increase in […]

The FCA’s five fixes for retirement information

The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals on the information that should be delivered to people approaching retirement and how it should look and feel. During 2015, there will be […]

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