UK - Financial advisers will face a powerful challenge from high street banks that transform themselves into financial centres, a report from Datamonitor claims.
The independent market analyst said banks would undergo radical changes over the coming years and would become “crucial” to the distribution of financial products.
The report – Branch Renewal in European Retail Banking – predicts that these “renewed” branches will make up 19% of the total by 2005.
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries's UK defined benefit (DB) schemes had a £5.5m combined deficit at the end of 2016, its annual results have revealed.