The FCA is to scrutinise the harm to consumers from advisers who levy ‘excessive fees and charges.’

Low cost fund manager Vanguard is mulling plans to enter the UK financial advice market and, at the same time, boosting its team working with advisers and engaging direct with consumers.

New research from VitalityInvest has found almost half (44%) of advisers do not believe technology can play a role in helping to close the advice gap - the gap between those with and without access to affordable financial advice.

Over half of technical queries received by SIPP operator Curtis Banks over the past month have concerned the subject of death benefits.