Financial advisers are changing their attitudes on vulnerable clients, particularly on mental health challenges, according to a new report.

A new report from the Department for Work and Pensions has revealed that 38% of pension savers are ‘undersaving’ for retirement.

Globally 64% of Millennials (people in their mid 20s to 35) and 51% of people in the 35-54 age bracket are willing to pay more for personalised investing products and services including financial advice, according to a new report. 

New figures from PIMFA, which represents around 1,000 UK wealth managers and financial advisers, showed the number of financial advice firms had fallen, but adviser numbers had increased.