Written by Retirement Planner
Industry experts at a recent IFA industry panel concluded that there was little infrastructure for people to effectively manage their own pensions and that just one in five have adequate provisions for retirement, or feel confident about long-term financial planning.
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.
A new piece of legislation is expected to help banks re-enter the advice market and consolidate their clients’ pension assets.