The Personal Finance Society has welcomed the FCA’s adviser sector study published yesterday showing rising financial adviser numbers but warned there are still too few advisers to meet demand and soaring PI insurance costs are hitting the profession.

The Personal Finance Society has welcomed a boost this week to Government-backed apprenticeships for SMEs which could help with personal finance recruitment.

Almost four in ten financial advisers have reported a decrease in the number of clients looking to engage their services since the start of the Coronavirus pandemic, according to a new report.

New Personal Financial Society President Sarah Lord FPFS has spoken exclusively to Financial Planning Today about the work the professional body is doing to tackle rising FSCS levy fees and her thoughts on what makes Financial Planners special.