Turbulent economic conditions and the Consumer Duty challenges have hit confidence in the future of the advice profession with 16% - one in six - of firm owners looking to sell or exit the market in the next 18 months.

The Personal Finance Society has launched a Consumer Duty digital learning tool for Financial Planners.

Six in 10 financial advisers believe the Consumer Duty will increase the advice fees they charge and make the advice gap worse, according to a new survey.

Wealth manager and Financial Planner Quilter has added a client communications guide to its Consumer Duty support for advisers.