Londoners are among the least likely people in the UK to seek retirement planning financial advice with just 9% stating that financial advisers have been their main source of retirement advice compared to 18% in Scotland.
The Pensions Regulator (TPR) has called on pension professionals to consider a more diverse range of investments.
Better financial education in schools could be the key to increasing social mobility, according to a new study.
A major new consumer financial survey has revealed that 24.6m people in the UK have never taken financial advice or guidance with 11m saying ‘perceived barriers’ deter them from seeking advice.
Over half (54%) of advisers say that current cash interest rates on platforms have helped them attract new clients, according to new research.
Fintech and data firm FE Fundinfo has acquired adviser platform and product selection tool provider AdviserAsset.
The FCA has cancelled the regulatory permission of Hull-based claims management firm Claims Direct Yorkshire Ltd (FRN 836352).
Only 37% of UK adults not yet retired know how much they have saved in their pension pot, according to new research.
The Institute for Financial Wellbeing (IFW) has appointed financial education charity Redstart Educate as its first associate member.
The FCA has called on advisers and providers to think beyond email messages to boost pension engagement with consumers.