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FCA: Significant number of firms could fail this year

7 th January 2021 8:01 am The FCA’s analysis of the financial resilience of firms has signalled a coronavirus-driven market downturn may cause “significant numbers” of firms to fail over the next 12 months. Advisers were among the 5,159 coronavirus financial resilience survey respondents in the “retail investments” sector, which also included platforms, Sipp operators,  wealth managers and crowdfunders. The regulator has excluded responses from the “pensions and retirement income” sector in the aggregated data it has published for its surveys to avoid firms being identified. In response to the coronavirus crisis, the regulator has been monitoring the effects of the economic downturn on firms’ solvency.

Best bond fund returns of 2020

Can t afford an estate plan? Here s what you can do without spending a fortune

Can’t afford an estate plan? Here’s what you can do without spending a fortune CNBC 1/3/2021 © Provided by CNBC Estate planning isn t only for the wealthy yet the majority of Americans don t have a plan in place. Plans may include a will, powers of attorney and a living will also known as an advance directive. Less than one-third of Americans have one or more such documents, according to a 2020 survey of 2,400 people by Caring.com and YouGov. While many folks don t like to face the thought of their own mortality, they may also think preparing for it is too expensive, said Steve Parrish, co-director of the Center for Retirement Income at The American College of Financial Services.

Efectos de los cambios que se avecinan en el sistema de pensiones

Efectos de los cambios que se avecinan en el sistema de pensiones
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5 Unexpected Sources of Retirement Income - All Related to Your Home

December 21, 2020 5:48 AM newsfeedback@fool.com (Selena Maranjian) Posted: Updated: December 22, 2020 6:37 AM Most Americans approaching retirement have not saved nearly enough. More than a third of those 55 and older have socked away less than $100,000, and about 60% have saved less than $250,000 (per the 2019 Retirement Confidence Survey). Clearly, even factoring in Social Security income, most people will need additional sources of retirement income. The good news is that there are a lot of ways to generate retirement income, such as working for a few more years and tapping life insurance policies. Here are five sources of retirement income, all of which relate to your home.

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