Financial advice pensions are needed for contributions. That’s because less than 20% of workers have any idea how much they are paying into their pension. That’s according to the latest survey from Hargreaves Lansdown. Considering the importance of financial advice for pensions in securing your financial future, that really is a shocking figure. It’s slightly […]
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According to Financial Consultants the new Labour government has confirmed that it will continue to support proposed legislation to impose fees on Claims Management Companies (CMC’s) who bring claims into the Financial Ombudsman Service (FOS). A fee of £250 will now be charged to CMC’s who bring a claim to FOS. The new rules are […]
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The latest facts and figures around pension help and retirement planning have recently been published by Canada Life as part of their 100+ Report. The report found that: 70% of UK adults do not think that they will be able to retire at 60. Nearly half of people questioned said they would like to live […]
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There have been several articles in the financial press recently pointing to continued increases in Pension Advisors fees. That is despite the Financial Conduct Authority (FCA) introducing the Consumer Duty last year. This legislation put a number of new requirements on financial advice firms to review their business with an eye on how what they […]
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The Financial Conduct Authority (FCA) has re-iterated its stance that cryptocurrency is still not fit to be part of retail customer investments. The risk is still considered to be too high by the best financial consultants. The FCA did relax its stance on crypto earlier in the year by allowing professional investors to take crypto […]
According to research by Paragon, one in three grandparents are financially supporting their grandchildren’s education with help from their pension money saving expert. Either by helping with general expenses, uniforms, books etc or directly paying for tuition fees. Over 70% are contributing to university fees and expenses. Over 70% of grandparents say they are happy […]
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