Undertaking a payroll system upgrade comes with a ton of wonderful benefits. Saving time and money, making everyone’s lives easier, and better integration are all good reasons to consider a change. But if the switch is mishandled, the results can be catastrophic and lead to long-lasting problems. Read on for some tips on how […]
Archives for September 2022
5 common payroll system upgrade errors to avoid
Undertaking a payroll system upgrade comes with a ton of wonderful benefits. Saving time and money, making everyone’s lives easier, and better integration are all good reasons to consider a change. But if the switch is mishandled, the results can be catastrophic and lead to long-lasting problems. Read on for some tips on how […]
Retirement apps and websites get poor marks from customers
Ric Edelman backs family-focused fintech Lumiant
Weekend Reading For Financial Planners (Sept 17-18)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a report from Future Proof, dubbed the “world’s largest wealth festival”, held this week on(!) Huntington Beach, California. In addition to being held outdoors, the event stood out from ‘standard’ industry conferences in other ways, from the wide […]
Fidelity launches Metaverse fund
Fund manager Fidelity has expanded its ETF offering with a new range of thematic funds, including one investing in the Metaverse. The Metaverse is an online 3D virtual world which includes gaming, social connection and some business applications. The Fidelity Thematic ETF range will be launched initially with five new Irish-domiciled ETF products. {loadposition hidden2} […]
Canada Life ups annuity rates for 16th time this year
Retirement provider Canada Life has increased its annuity rates for the 16th time this year. The provider’s benchmark reference annuity of £100,000 at age 65 will now pay around £6,353 income a year, compared to £4,542 for the same annuity purchased at the start of 2022. The increase boosts guaranteed income on a £100,000 annuity […]
CII accused of blocking independent review of finances
Campaigners calling for the CII to launch up an independent review of its finances and operations claim they have been blocked from tabling a motion urging a review at the upcoming CII AGM. They also claim the CII is blocking their right to submit motions to the CII AGM, due to take place on 4 […]
Campaigners urge MPs to reform FCA
Members of the Transparency Taskforce campaign group met online with MPs and Lords yesterday to push for the new Financial Services and Markets Bill, currently going through Parliament, to be amended to reform the FCA to improve consumer protection. The meeting followed the recent BBC Panorama programme – The Billing Pound Savings Scandal – which questioned […]
1 in 5 push back retirement date
Over one in five (21%) of over-40s have already pushed back their planned retirement date due to the cost-of-living crisis, according to new research. A third (37%) of over 55s say the cost-of-living crisis has made retirement impossible for them in the foreseeable future, according to research by My Pension Expert. Of over-40s currently in […]