Investors under 34 were far more likely to have used their time during lockdown to improve or protect their financial position, however only one in ten had contacted a Financial Planner, according to a new survey.

A survey of 1,000 UK investors suggests the majority (58%) believe a recovery from the impact of the Coronavirus pandemic will take “years.”

Bancroft Wealth, an IFA and wealth manager, has launched a £500 flat-fee advice service it claims will challenge traditional wealth managers charging a percentage fee.