8 more advice firms join sustainability campaign

Eight more adviser firms have joined the AdviserAction group, a campaigning membership organisation launched last year to help the adviser sector engage better with listed companies on sustainability issues.

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‘Finfluencers’ fading as investors turn to professional advice

Social media ‘finfluencers’ who provide sometimes suspect advice online are losing influence as retail investors increasingly turn to professional financial advisers, according to a survey.

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58% of pension pots cashed out in full

More than half of pension pots are being cashed out in full as fewer people seek professional guidance, new figures from the FCA have revealed.

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Editor’s Comment: A cold shiver…

 

I suspect a cold shiver went down many the backs of many at the larger adviser firms this week with news that the FCA is asking for details of their ongoing charges.

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