United Kingdom
PEOPLE MOVES: Fecif, Candriam, Kingswood
European professional body elects chair, as multi-asset manager makes c-suite change
Best Practice | 21 Apr 23
Just 44% of Brits understand inflation impact on savings
As only 37% understand compound interest
17 UK firms failed between February and March 2023
This includes financial advice and wealth management businesses
UK wealth manager buys financial planning business for £15m
Deal adds over £635m in assets under advice and administration
Institute for Fiscal Studies to carry out review of UK pension system
Future looks ‘risky at best’ for many working Brits hoping for a comfortable retirement