United Kingdom
Best Practice | 10 Jan 19
Around one in three Brits not in control of finances
Study shows ‘worrying picture of the UK’s financial health’ and people’s ‘ability to manage money’
Aberdeen Standard inks pension and investment deal with Virgin
Joint venture is expected to transform Virgin Money’s retail investment proposition
UK regulator admits adequacy of advice still a concern
Number of people investing up but risk of ‘poor value’ services still high
Click through the slides below to see the key concerns flagged up by the Financial Conduct Authority.
Under a third of UK wealth managers say clients fear cybercrime
However ‘threat of breaches is increasingly being discussed at a board level’ at wealth firms
Regulator warns CEOs about unfair and misleading marketing
UK watchdog sent a letter after concerns about potential ‘unlawful’ promotion of financial products