UK - More than a third of pensioners wish they had invested more for their retirement, research by Britannic Asset Management reveals.
The research also found that over a quarter of pensioners have had to cut back on their lifestyle, with a third of a million pensioners taking money from their children’s inheritance and over 160,000 asking friends or family for financial help.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives.
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.