Young women are likely to end up with a pension pot nearly 11% smaller than that of male counterparts, with a number of barriers preventing women from investing, according to a new report by Fidelity International.
The study, The Financial Power of Women, used research based on interviews with 1,000 women and 1,000 men to discover their views on investing. Its findings included young women putting money into...
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.
John Wotton says the competition watchdog's package of proposals will help trustees get the best deal and be satisfied they are acting in their members' best interests