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Wealth Management News

News in August 2017
31 Aug 2017 UK adults lower their inheritance expectations

Working age adults in the UK are lowering their expectations around inheritance when planning their financial futures, according to new research. The survey included 1,000 adults aged under 45 and 1,000 adults of pensionable age (65+), revealing that 69% of working age adults are not co...

23 Aug 2017 Pension cold calling to be banned

A ban on all forms of pension cold calling, including emails and text messages, has been announced by the UK Government to help protect private pension savers from fraudsters. The move has been welcomed by Citizens Advice, whose own research found that as many as 10.9 million people rec...

16 Aug 2017 Private pensions boost retirement income by £10,000 a year

Pensioners´ incomes have risen dramatically over the past 40 years because growing numbers of people have been investing in private and workplace pensions. In 1977, only 45% of retired households received income from private pensions (including workplace pensions, individual perso...

09 Aug 2017 Self-selected funds in auto-enrolment outperform average default funds

People with an auto-enrolment pension who actively select funds are likely to end up with a bigger pension pot, new research suggests. Financial service company Hargreaves Lansdown found that the average performance of the top 10 funds chosen by savers outperformed the auto-enrolment de...

02 Aug 2017 Retirement income planning: no longer a one-off decision

People planning their retirement income are looking for flexibility, with differing levels of income for different stages of retirement, according to new research. A report from software company IRESS on the retirement income market, which draws on IRESS data and other sources from acro...

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