UK investors are turning away from ESG investments due to the pressures of the cost-of-living crisis, according to a new report.

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.

Two thirds (66%) of financial advisers see their main role during the cost-of-living crisis as providing reassurance and peace of mind for clients, according to a new report.

Non-advised adults are nearly twice as concerned about having enough money to live on in later life (42%) than their peers who have taken financial advice (23%), according to new research.