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Aviva platform hails turnaround as it soars to No.2 for flows

Aviva platform hails turnaround as it soars to No.2 for flows
citywire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywire.co.uk Daily Mail and Mail on Sunday newspapers.

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Aviva eyes more 'advice gap' services in revised strategy

Aviva will continue to build services to help close the advice gap, doubling down on its revised planning strategy. Last year, Aviva axed some 60 advisers, as it refocused its planning business on a wider set of options including guidance, digital and streamlined advice, broadening the unit from pensions and ....

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The Morning Briefing: New strategies, same compensation


4
th March 2021
9:32 am
Good morning and welcome to your Morning Briefing for Thursday 4 March, 2021. To get this in your inbox every morning click here.
Schroders Personal Wealth sees outflows
Schroders Personal Wealth has reported net outflows of £200m in its results for 2020.
That might explain why the firm’s goal to become a ‘top three financial planning business’ was recently pushed back by two years.
In 2019, Schroders PW net inflows stood at £12.6bn, but this was largely due to the amount transferred from Lloyds’ existing wealth management business into the joint venture.
With 2019’s figures still showing the transfer amount, and 2020’s demonstrating outflows, it seems many are still waiting for Schroders PW to really get into gear. ....

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Pension pots of at least £70k needed for people to enjoy comfortable retirement


Pension pots of at least £70k needed for people to enjoy comfortable retirement
Research suggests a new ‘living pension’ is needed to help workers into retirement.
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A new ‘living pension’ is needed to help workers enjoy a decent standard of living in retirement, according to a think-tank. ....

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Pension: New 'Living Pension' scheme needed to help low-income Britons in retirement | Personal Finance | Finance


| UPDATED: 14:12, Tue, Jan 26, 2021
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Pension saving involves putting a set amount of money away now to ensure one has enough to see them through in retirement. However, despite schemes such as auto-enrolment set up to encourage more Britons to save, this does not mean every person will get the retirement they are hoping for. Those who only pay a minimum amount in workplace auto-enrolment schemes, alongside those who are not eligible for whatever reason, may fall short of accumulating enough for later years. ....

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