Only 7% of financial advisers have firm plans to offer a stripped back ‘core advice’ service for ISA customers in line with proposals from the FCA for simplified advice, according to new research.

The FCA is to launch a comprehensive thematic review of retirement income advice.

The FCA is set to open the door to regulated 'simplified' financial advice to make advice cheaper and more accessible.

The vast majority of financial advisers focus too much on portfolio performance and fail to evidence to clients the value of their advice, a new study suggests.