Royal London has launched a financial wellbeing service which it says will help address the advice gap by helping customers to be more financial resilient.

Fintech firm Wealth Wizards has launched financial wellbeing software to help financial advisers improve their retirement prospects.

A fifth (19%) of financial advisers admit they have not heard of the FCA’s new Consumer Duty and have not considered changes they may need to make.

Royal London and LV=, two large mutual providers, have abandoned merger talks, both firms confirmed today.