The majority (84%) of financial advisers questioned in a survey believe Individual Savings Accounts (ISAs) have become “too complicated.”

The Personal Finance Society (PFS) has urged product providers, financial advisers and the FCA to ensure Innovative Finance ISAs are designed and promoted in a way that “will not exploit known behavioural biases”.

Advisers continue to seek returns from around the world, with figures from FundsNetwork revealing the global sector remained the most popular during July.

It has been encouraging recently to read about the increasing numbers of Financial Planners and Paraplanners completing their Level 6 (and higher) qualifications.