JPMorgan Asset Management has launched JPMorgan Invest, which it claims will provide a solution to the retirement savings crisis.
The new company will aim to provide investment based financial education in the workplace and address how employee asset allocation can meet the realities and needs of retirement. JPMorgan Invest has been created as a response to the government's claim that 12.2 million UK employees do not making adequate provision for their retirement. Moreover, with the Department of Work and Pensions (DWP) and Financial Services Authority (FSA) pushing for workers to take increasing control of their own retirement plans, JPMorgan Asset Management says in reality many are not equipped to do so. JP...
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