’Sword of Damocles’ debts hit retirement savings

New research painted a “worrying” picture of the nation’s personal finances, revealing that that over a third of adults are currently not saving anything whatsoever towards their retirement.

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CISI members confident about UK economy - survey

Confidence in the UK’s economic prospects has improved in the financial services profession over the last 12 months, a new Chartered Institute for Securities & Investment (CISI) survey has shown.

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7.8m millenials have no savings or investments

Nearly half of UK millennials have little chance of fulfilling the lifestyle aspirations of their parents and achieving the traditional life goals they want because 7.8m have no long-term savings product.

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Practitioner survey will help improve FCA effectiveness

The FCA, along with its Practitioner Panel, will soon conduct their annual survey that offers financial firms the opportunity to provide their feedback on how the watchdog can better regulate the sector.

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