Related topic: Savings & Investments

The new product will replace the Lifetime ISA.

It supports clients, in conjunction with a financial adviser, to deliver investment management tailored to a client's life after divorce.

The FCA found Sapia did not put enough safeguards in place to protect client money.

7% of Baby Boomers have shifted assets into lower risk accounts amid economic and market pressures.

Affluent women have a goal to grow their wealth by 22% in 2026 – outdoing the target of high earning men.

Andrew Tyrie was an MP for twenty years and has been chair of the Commons Treasury Select Committee and the Competition & Markets Authority.

The announcement marks the bank’s first major acquisition since returning to private ownership.

Perenna has also partnered with savings and investment platform, Raisin, to launch its retail savings proposition.

Shifts ranged from altering investment portfolios and savings habits to adjusting pensions or gifting money.

The regulator is also consulting on ways to further modernise pension rules.