Wealth manager Charles Stanley has added a financial coaching service for its direct investing clients.

A new survey suggests that potentially 3.1m more people would consider paying for financial advice but many are held back by a lack of trust.

Most UK adults fail to seek regulated financial advice because they believe it to be “too expensive” and “for the wealthy”, according to new research.

Two-thirds of financial advisers fear the FCA’s new Consumer Duty will increase the advice gap.