BlackRock: Pension Plans Shifting to Investment Firms
The global pension landscape is increasingly becoming decentralised, as more and more schemes realise the ...
May’s 1.8% Surge: Insight from Property Gurus
May saw an impressive 1.8% rise in average asking prices due to increased optimism, confidence of sellers and the government's stamp duty holiday. This rise is accompanied with higher inventories this June, and allows house buyers and sellers to take advantage of the savings window to invest in property. The market is stable, giving both parties the security they need to ensure a promising future.
Bold Insight’s Check UX Tackles FCA Compliance
The Consumer Duty is an ambitious overhaul of the retail finance market that puts customer needs first. It requires firms to empower customers with relevant information, provide clear cost and consequence details, and help customers make informed decisions. In addition, special attention is given to those with vulnerable characteristics, such as the elderly, by providing tailored advice and ensuring they are not receiving unsuitable services. Ultimately, the Consumer Duty allows customers to trust the services they receive and make the best decisions for them.
Aegon Unveils Transformations in Retirement Advice
It also highlights the importance of a balance between asset management and income creation to ensure the long-term best interests of clients.
Pension Overtaxing Slips By Consumer Duty Efforts
That's why the total refund amount since 2015 has grown to a huge milestone - £1 billion!
Half Unaware of Final Wishes, Funeral Requests
Planning a funeral is a difficult and emotional process. A recent survey looked into the experiences, attitudes and behaviors of 367 people who had gone through funeral planning in the last two years. The results showed that most participants found making decisions on behalf of the deceased to be the most challenging aspect. Additionally, 76% reported difficulty within the family when it came to discussions regarding funeral plans. As a result, 70% had difficulties knowing what to expect and 65% said the funeral was not what they expected. Thankfully, the majority found assistance from funeral directors and celebrants. To ease some of the grieving process, it is important for families to discuss these matters quickly or for the deceased to leave detailed instructions, ensuring a more peaceful goodbye.
Secure Your Spot: CISI Finance Conference 2023
Be prepared to be inspired, informed and entertained at a must-attend event catered to the ...
Tackling Earth’s Toughest Bike Race: SJP Employee
Sarah has taken on an extraordinary challenge as she takes part in the grueling Transcontinental ...
Ahead of the Curve: Scrutinizing Net Zero Strategies
Under increasing pressure, companies look to their trustees to consider their investment obligations in light ...
High-Rise Deals Denied: Brokers Blame Legal Pros
Solicitors and conveyancers across the UK have been greatly affected by the introduction of building regulations concerning cladding, which require firms to be cautious when taking on high-rise transactions. This is due to increased safety protocols, with many firms declining to work on properties above five stories or eleven meters. Many lenders are also restricting or rejecting mortgages on such properties. Consumers have become even more aware of safety concerns than before and professionals must now adjust to increased safety measures if they want to remain operational. This unprecedented period signals a new era of careful decisions in order to comply with regulations without negative impacts to businesses, underscoring safety and peace of mind as the desired outcome.