Platforms’ limited product range failing advisers
Platforms are failing to provide the full range of products advisers need, according to latest research.
The research from CoreData, which spoke to 1,000 advisers, indicated that a third of respondents, 33.7 per cent, cited annuities and income drawdown as the products they most want to see on platforms.
Cybersecurity Concerns Rattling US Investors, Study Shows
Security and data protection highlighted as the primary area for improvement and innovation within financial services by 68% of investors.
Mis-selling fears mount as Lisa savers ditch pensions
Four in 10 people investing in the new Lisa plan to stop or cut their pension contributions, a study has shown.
According to a survey by CoreData, 34 per cent of those planning to invest in the Lisa will cut the amount of money they put into their pension, while 7 per cent will stop saving into it altogether.
Less than a quarter of savers plan to buy an annuity
Less than a quarter of savers plan to buy an annuity to fund their retirement, a survey suggests, confirming the product’s declining popularity.
Study reveals yawning pensions engagement gap
UK consumers display very low levels of engagement and knowledge when it comes to pensions and retirement, with more than half in the dark about the value of their pension and over a quarter admitting they have never checked their pension savings.