One in five young investors between 18 and 30 expect to see growth from their investments in less than six months, according to new research.

More than one in three pension schemes believe the arrival of the Pensions Dashboards - due next year - will spur a 30%-50% increase in member activity.

The defined contribution (DC) pension system is broken and should be replaced rather than repaired, according to scheme administrator and adviser Willis Towers Watson.

Insurance giant Willis Towers Watson has acquired a stable in wealth manager Atomos as it looks to expand its presence in the UK wealth market.