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  • Only 14% on track to retire at desired age

    Only 14% of people are ‘on track’ to retire at their desired age with their desired income, leaving the majority at risk of retiring later than expected, according to a new study.

  • HNWIs keep 19% of wealth in cash

    Almost two-fifths, 38%, of HNWIs say they hold more cash than they did three years ago, with cash accounting for an average of almost a fifth, 19%, of their total wealth.

  • Clients delay decisions until after Budget

    Half of advisers (49%) say clients have been holding off making financial decisions until after tomorrow’s Budget.

  • Government scraps plans to cut cash ISA allowance: reports

    The cash ISA allowance is looking unlikely to be cut next week, despite rumours circulating that Rachel Reeves could announce the move in her Mansion House speech on Tuesday 15 July.

  • Turmoil is fuelling higher demand for financial advice

    Global economic uncertainty is fuelling significant growth in demand for financial advice from worried clients, according to a survey of nearly 200 UK financial advisers.

  • £1.3trn in savings earning less than half base rate

    Over £1.3 trillion is languishing in savings accounts paying less than 50% of the Bank of England's base rate of 4.5%, according to a new report.

  • IHT impact on pensions dominates client concerns

    The majority (95%) of financial advisers believe that the incoming inheritance tax liability on pensions is their clients’ greatest current financial concern, according to a new report.

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