LCP has called on the Chancellor to improve the current system of tax breaks for financial advice.

Feeling financially confident is no substitute for the benefits of financial advice, according to new research.

Negative perceptions could be why just 10% of UK adults have taken paid-for financial advice in the past two years, according to research from digital advice firm OpenMoney in conjunction with YouGov.

Retirement products provider Just is planning to pilot a ‘disruptive’ advice arm this year targeted at people with modest pension savings.