LV= will maintain its payment break option indefinitely to help vulnerable consumers. The payment break, which was first introduced during the coronavirus pandemic to assist LV= members in financial distress, allows vulnerable...
Consumers often view 'long-term' as a period lasting 24 years, regardless of their current age., according to research from Canada Life. The study is part of Canada Life's Long-Term: Close Up programme,...
DC pension providers may be required to change the way they calculate future retirement income on standard projections, under proposals being put forward by the Financial Reporting Council. The FRC is now...
There has been a drop in the amount of capital flowing into ESG-badged funds within the retail sector, according to latest figures from Hargreaves Lansdown. HL's figures for January show that net...
Standard Life has partnered with Cushon to offer a selection of savings and investment options as part of its workplace savings proposition. Standard Life's Workplace Savings Proposition, in collaboration with Cushon, will...
The consolidation of small defined benefit pension schemes might save millions, which could then be used to invest in businesses, according to Stoneport. Consolidation promises many benefits for the 4000 plus smaller...
Aegon has called for a phased implementation of the FCA's £2.4 billion New Consumer Duty, highlighting the FCA's ambitions to enhance how companies assist customers in attaining financial goals. Aegon advocates for a phased...
Defined Benefit pension systems utilising a 'liability-driven investment' (LDI) approach should review and renegotiate LDI fees as a whole, according to LCP. LCP says it has saved clients over £5 million per year...
Renters are much less likely than homeowners to be on track to have a moderate income in retirement, according to Hargreaves Lansdown. According to the Hargreaves Lansdown savings and resilience barometer, over...
Unprotected corporate borrowing by SMEs is projected to be worth £672 billion, leaving them vulnerable to future financial crises, according to Legal & General. According to L&G's annual 'state of the nation'...
