SIPP and Financial Planning firm Mattioli Woods said it plans to more than double its intake of new trainee advisers to help address the 'advice gap.'

Close to 7 in 10 (68%) of financial advice clients are over the age of 50, according to a new report.

Two in three financial advisers (68%) are offering a proposition for investors with portfolios under £50,000, with a further 19% planning a similar move, according to a new report.

Around two in five (40%) financial advisers see finding and attracting new clients as the biggest challenge facing their businesses, according to a new report.