{"id":26288,"date":"2016-09-16T22:56:17","date_gmt":"2016-09-16T15:56:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-chief-cautions-over-relying-on-property-to-fund-retirement\/"},"modified":"2016-09-16T23:10:13","modified_gmt":"2016-09-16T16:10:13","slug":"fca-chief-cautions-over-relying-on-property-to-fund-retirement","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-chief-cautions-over-relying-on-property-to-fund-retirement\/","title":{"rendered":"FCA chief cautions over relying on property to fund retirement"},"content":{"rendered":"


\nAndrew Bailey defends pension saving as key part of preparing for old age, countering comments by Bank of England economistBritain\u2019s top financial regulator has launched a staunch defence of pension saving as a key part of preparing for old age, countering comments by the Bank of England\u2019s chief economist that the best bet for a comfortable retirement is to invest in property.Andrew Bailey, chief executive of the Financial Conduct Authority, said workers should avoid putting all their eggs in one basket and should not rely on property to fund their retirement. Continue reading…
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\nSource : theguardian.com
\nRead more…FCA chief cautions over relying on property to fund retirement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Andrew Bailey defends pension saving as key part of preparing for old age, countering comments...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26288","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6Q0","jetpack-related-posts":[{"id":14464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-exit-charges-to-be-capped-at-1-under-fca-proposals\/","url_meta":{"origin":26288,"position":0},"title":"Pension exit charges to be capped at 1% under FCA proposals","date":"May 26, 2016","format":false,"excerpt":"\r Regulator wants to limit charges for people cashing in pots before retirement age, and ban exit fees in future pension contractsThe Financial Conduct Authority has proposed a 1% cap on exit charges for people cashing in their pensions before retirement age along with a ban on exit fees in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-in-10-uk-first-time-buyers-will-retire-with-mortgages-fca-warns\/","url_meta":{"origin":26288,"position":1},"title":"Four in 10 UK first-time buyers will retire with mortgages, FCA warns","date":"January 11, 2019","format":false,"excerpt":"\r Loans lasting up to 40 years can leave buyers unable to save for pension, say regulatorsFirst-time buyers are taking out jumbo loans on longer terms that will leave four in 10 borrowers paying off their mortgage well into retirement, regulators have warned.The Financial Conduct Authority (FCA) found that 40%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69670,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-three-uk-retirees-will-have-to-rely-solely-on-state-pension\/","url_meta":{"origin":26288,"position":2},"title":"One in three UK retirees will have to rely solely on state pension","date":"October 21, 2017","format":false,"excerpt":"\r Survey by Financial Conduct Authority finds those aged over 50 are most at risk of a bleak financial futureAbout 15 million people have no pension savings and face a bleak future in retirement, according to a major survey of Britain\u2019s personal finances published this week by the Financial Conduct\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-be-so-arrogant-incoming-fca-boss-andrew-bailey-tells-bank-bosses\/","url_meta":{"origin":26288,"position":3},"title":"Don\u2019t be so arrogant, incoming FCA boss Andrew Bailey tells bank bosses\u00a0","date":"May 9, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Don\u2019t be so arrogant, incoming FCA boss Andrew Bailey tells bank bosses\u00a0","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-warns-it-may-intervene-as-millions-take-pension-cash-early\/","url_meta":{"origin":26288,"position":4},"title":"FCA warns it may intervene as millions take pension cash early","date":"July 12, 2017","format":false,"excerpt":"\r Report by regulator flags up widespread withdrawal under pension freedoms, as TUC says millions could face financial insecurity The TUC has warned that millions of workers risk being \u201cplunged into insecurity in old age\u201d after an official report revealed a surge of people grabbing their pension cash early without\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-warns-against-self-cert-mortgages-from-overseas-lenders\/","url_meta":{"origin":26288,"position":5},"title":"FCA warns against self-cert mortgages from overseas lenders","date":"January 27, 2016","format":false,"excerpt":"\r Borrowers will have no UK protection if things go wrong, cautions regulator, just days after launch of Selfcert.co.uk in Czech RepublicThe City watchdog has issued a warning to people considering taking out a self-certification mortgage from a company based outside the UK.Days after a new lender based in the\u2026","rel":"","context":"In "Property 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