Professional bodies

Retirement study

PLSA’s retirement living standards survey reveals changes since lockdown living

PLSA’s retirement living standards survey reveals changes since lockdown living

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.

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PIMFA calls for new FCA Consumer Duty to be accompanied with clarity for firms

PIMFA calls for new FCA Consumer Duty to be accompanied with clarity for firms

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.

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New Climate Impact Initiative calls on pensions industry to join forces to ensure climate friendly investments availability for all

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.