United Kingdom
Alternatives | 18 Oct 21
£116,000 fine and ban for ‘reckless’ pension switching advice
Nearly 50% of client’s retirement pots invested in a high-risk strategy
PEOPLE MOVES: FCA, Deutsche Bank WM, Quilter
Chair of the UK financial watchdog to step down in 2022, as wealth manager hires managing director in Asia
Best Practice | 15 Oct 21
CII proposes to revamp membership model
But PFS ‘regrets’ lack of engagement in professional body’s consultation drafting process
Only 20% of young Brits ‘on track’ with retirement planning
Process feels ‘overwhelming’ as half cannot afford to contribute more into their pots
Best Practice | 15 Oct 21
Royal London and Square Mile team up to educate advisers on ESG
By creating a series of videos and guides to help them navigate range of products available