More money for eating out, a higher personal grooming budget and the inclusion of a Netflix subscription are among the changes to the Pensions and Lifetime Savings Association’s Retirement Living Standards in the first update of the rules of thumb for retirement spending since they were established two years ago.
The UK fund market is at highest level of half-year sales since 2017 says the Investment Association
The UK fund market has had a strong first half of 2021, according to the latest set of Investment Association (IA) data, released today.
EFAMA writes that it wholeheartedly supports a retail investment strategy that gives EU citizens the necessary tools and the confidence to put their savings to work by investing in capital markets.
PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has welcomed the introduction of a new Consumer Duty by the Financial Conduct Authority (FCA) but says that the new duty must be accompanied with greater clarity over any new regulatory expectations placed on firms and a reasonable assessment of firms’ ability to discharge their obligations under the duty.
New Climate Impact Initiative calls on pensions industry to join forces to ensure climate friendly investments availability for all
Hymans Robertson is supporting and driving a new action group, The Climate Impact Initiative, which aims to encourage providers to make climate friendly impact investment options available for all savers regardless of plan size.
STEP, the worldwide professional association for practitioners who advise families across generations, has launched a new guide for advisers on the responsible stewardship of wealth in a changing world.
Advisors Preferred, an infrastructure provider for investment advisory firms wishing to create and distribute mutual funds, has announced that its assets under management reached USD3 billion as of 1 June, 2021.
PIMFA, the trade association for the wealth management and financial advice industry, has called for immediate action to reduce the cost of the Financial Services Compensation Scheme (FSCS) to firms while 'much needed' reform takes place.
PIMFA, the trade association for the wealth management and financial advice industry, has updated its Members’ Manifesto following industry developments and consultation with members.
EFAMA, a body representing the European investment management industry, has called the current regulation on investment products for retail investors “fundamentally flawed”, saying it provides investors with “misleading information”.