Financial advisers have urged the Chancellor to focus on initiatives to boost economic growth in his March Budget, according to new research.

Nearly 1 in 3 financial advisers believe that the FCA’s new ‘Investment Pathways’ pension reforms - which come into effect today - will cut demand for retirement advice although some expect a boost to advice demand.

Only one in ten UK savers would consult an adviser when making important decisions about converting retirement savings into an income, according to a new report.

Pensions and investment planning software firm Selectapension has unveiled 'Quote & Apply' - a new tool for advisers to speed up the application process - and has signed up Aegon as the first provider.