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Many drawdown retirees failing to take financial advice

Nearly one in three pension savers using drawdown to fund their retirement have no investment experience and two in five (41%) of these drawdown beginners have received no financial advice or guidance, according to new research.

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Ex-cartel enforcement boss to supervise advice for FCA

The FCA has appointed two new financial advice bosses.

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Consumers failing to save enough due to lack of financial advice

New research has found that 21% of adults say they would be put away an extra £134 a month on average if they could get financial advice – the equivalent of more than £1,600 per annum.

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Women find financial services “aggressively masculine”

Women find the world of financial services “aggressively masculine” and this factor deters them from seeking financial advice or buying financial products, according to a new report from research firm Kantar.

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