Research from the Office for National Statistics showing just one in 100 Britons are financially astute is a “stark reminder of the need for immediate action”, a savings body says.
The winner of the IFP David Norton Building Excellence Award has gained a top industry qualification.
Comics are one of the “smarter and more effective” ways firms should be communicating with consumers, the FCA has suggested.
A director of an IFP corporate member has said it is “alarming” that advisers appear to be failing to recommend investment trusts due to poor understanding.
The IFP has told the FCA it fears well-run smaller firms could be forced to leave the market as the regulator confirmed it was raising its levy.
Aspiring Paraplanners looking to take the step up from administration have been urged to hop on board the growing Paraplanners Powwow movement.
A new retirement planning service aimed at filling the so-called advice gap has been launched by Hargreaves Lansdown.
The FCA has set out options for measuring value of general insurance products following concerns about poor value and a lack of effective competition.
FCA rule changes surrounding unregulated collective investment schemes have led to some investors reviewing their existing arrangements and questioning the advice they were previously given, the FOS says.
Senior bosses at banks and some investment firms face paying back bonuses going back as far as 10 years if misconduct is discovered.