Archives for February 2024

White Americans still have twice as much retirement wealth as savers of color, research shows. Here’s what experts recommend to shrink the gap.

The online brokerage sees its popular talking babies ads as a way to get tens of millions of viewers to think about how they might put their money to better use.

A provision paying for breaks for parents and business owners has earned widespread praise, but an expert says financial advisors should be on alert.

  There is no doubt in my mind that retirement planning is changing in unexpected ways. Whether it is changing for good or just adapting to a post-Covid, high cost of living world remains to be seen. A number of studies this week, including the PLSA’s substantial uprating of the income needed in retirement for […]

The FCA says a crackdown on illegal investment advertising on the internet helped cut investment fraud in 2023 with overall losses down 40%.   The FCA said by working closer with internet firms it had turned the tide, with Google’s change of policy on investment promotion alone leading to a “100% reduction in illegal paid-for […]

Adviser platform Nucleus has signed a deal to acquire Third Financial, a provider of white label investment platforms and software. Nucleus says the acquisition, for an undisclosed sum, will increase Nucleus Assets Under Advice to around £90bn. The acquisition will also give Nucleus the ability to offer ‘adviser-as-a-platform’ services, enabling adviser firms to offer their […]

Downsizing in retirement is common. What’s less common is building the new home yourself. Can a senior in California pull it off?