Adviser platform Transact has added a Blackrock-run model portfolio service (MPS) to extend its choice of discretionary investment managers.
Three major fund managers have pumped £39.4m into the retirement and SIPP provider Embark Group to help fund growth and acquisitions.
About 14 million people aged 25-34 could be underestimating the pot they need at retirement by nearly £400,000, new research has suggested.
A survey of financial advisers has revealed that 71% say their clients plan to work longer and retire later to bridge the gap in their retirement savings.
Younger women are misjudging the pot they will need to fund their desired income in retirement by more than £400,000.
The average worker faces trying to live off just over £1,000 per year in retirement, a conference was told.
LV= has added five Blackrock funds to its LV= Sipp in response to adviser demand.
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