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Pensions are top work-place issue for young adults says Amicus poll

Young workers polled at this year&#39s Glastonbury Festival say one of their top work-place concerns is the state of the pensions market, according to an Amicus survey.

Amicus, the UK&#39s second largest union asked festival goers their top ten work-place issues. Of the 1,300 people who responded to the survey, 27 per cent say they want to work to live not live to work, 20 per cent want to take on global giants and interestingly, 14 per cent cite pensions scandals as an issue of concern.

The poll demonstrates to IFAs that the under 35s are a growing area of the market who are interested in protecting their futures.

Amicus festival campaign coordinator Anna Burton says: “People now see that policy campaigns can benefit their own personal agenda and everyday working life as well as the issues that affect the wider working world.”


Select committee mulls depolarisation confusion

The Treasury select comm-ittee&#39s report into restoring confidence in long-term savings is looking at how a depolarised marketplace could confuse consumers more than polarisation, say sources close to the committee. The report is looking at a range of issues, including calling for an Office of Fair Trading inquiry into the cross-subsidy of IFAs by product […]

Big rise in FSCS levy

The levy for Financial Services Compensation Scheme is to soar by over 40 per cent to deal with rising investment claims. The FSCS says it needs to raise its management expenses levy limit from £12.5m set in March to £17.6m as the number of enquiries and claims “has exceeded all expectations”. It says compensation costs […]

Charles Schwab UK gives away 12 online equity trades

Charles Schwab UK is giving away 12 online equity trades to customers opening new accounts as part of a business growth strategy. Charles Schwab customers can now, if eligible, also benefit from two new products, Schwab Equity Ratings and Street Smart Pro. They allow individuals to take further control of their investments by providing them […]

Kensington launches new lender

Kensington is launching a new lender, Money Partners Ltd, which will offer a range of first and second charge mortgage products via mortgage introducers that do not currently recommend Kensington products. Kensington&#39s finance director, Simon Kingdon, will be moving to MPL as finance director. Kensington will acquire the loans originated by MPL. Chief executive John […]


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