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New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.

The Financial Conduct Authority has put plans to create a simplified advice regime on hold.

The FCA is set to open the door to regulated 'simplified' financial advice to make advice cheaper and more accessible.

Nearly two out of three over-55s couples have never had retirement planning advice, according to a new survey.

Many advisers are failing to provide pension transfer advice of an "acceptable standard" says the FCA which is to scrutinise the harm to consumers from advisers who levy ‘excessive fees and charges.’

A total of 546 firms have admitted making errors in their MiFID II transaction reporting to the FCA since the new regime began two years ago, according to a study out today.

Research for IFA network Openwork has revealed growing untapped demand for financial advice.
Advice network Openwork has attracted a record turnout for a nationwide series of roadshows, introducing its expanded Protection Panel, as it opens up new markets and aims to fulfil a wider range of customer needs.
The Ombudsman has ruled that an adviser must compensate a client who lost nearly £30k through an unsecured Sipp loan.
The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
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