Consumers think they would be saving £134 a month more if they had financial advice, survey of over 1,000 people has found. The Nottingham Building Society commissioned research shows that 21 per cent of adults say they aren’t saving as much as they could without advice, and are losing out on around £1,600 a year […]
A recent report warns freedoms are being held back by a lack of innovative products
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
The adviser platform market grew by 25.4 per cent in the 12 months to 30 June 2017, but average charges have remained flat. According to research from Platforum, the average charge for a £100,000 portfolio in that period was 0.41 per cent, compared to 0.40 per cent in 2016. The average charge for a £500,000 […]
Income drawdown has become an attractive proposition. But adopting a ‘decumulation’ strategy also carries risks. What are the risks advisers need to be aware of? Read the decumulation challenge. Click here to read full article
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