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  • 26% happy to invest up to £50,000 without advice

    One in four UK adults, 26%, say they would feel comfortable investing up to £50,000 without speaking to a professional financial adviser.

  • Demand for advice remains strong - Quilter finds

    Demand for financial advice remains strong, particularly among younger and affluent consumers, despite the rise of digital investing platforms, social media and artificial intelligence.

  • AI models found to give inaccurate financial advice

    AI models are giving people who ask for financial advice the wrong answers most of the time, according to new research.

  • Editor’s Comment: Threat to ISAs could sour saver success

    ISAs have been one of the most successful parts of the government’s strategy to encourage saving for several decades now so, of course, it is a perfect time to destroy them (sarcasm intended).

  • Editor’s Comment: Why profits matter in Financial Planning

    Profit is essential for all businesses to thrive and invest and Financial Planners, above everything else, are business people who need to make a profit. Profit is the lifeblood of all Financial Planning firms and that's something that is sometimes forgotten.

  • Women surpass men for first time in seeking financial advice

    New research suggests has revealed that - for the first time - women are more likely to seek professional financial advice than men.

  • Financial advice remains underused at critical milestones

    Financial advice remains underused at critical financial milestones across protection, mortgages and retirement, according to a new study.

  • Editor: Why the adviser sector needs new momentum

    One of the main talking points this week has been the FCA’s Adviser Survey which seems to point to both positive and negative factors, as far as the professional advice sector is concerned.

  • Editor’s Comment: Pensions wisdom should define change

    Many years ago a wise and very experienced CEO of a Scottish life and pensions company (sadly no longer with us) passed on to me a very useful piece of advice on pensions which we were discussing at the time.

  • FCA opens targeted support authorisation gateway

    Firms can now apply for permission to provide targeted support through the FCA’s new authorisation gateway, ahead of the new regime going live next month.

  • Only 19% of people would use a financial adviser

    Only a fifth, 19%, of people would seek financial advice from a professional financial adviser despite less than half (46%) saying they felt financially secure.

  • The £440,000 cost of delaying Financial Planning decisions

    Nearly four in five Britons (38%) put off financial tasks and potentially miss out on £440,000 in returns by failing to invest, according to a new survey of more than 2,000 UK adults including HNW individuals.

  • Standard Life launches flat-fee financial advice service

    Standard Life has today launched a flat fee financial advice business specialising in pensions that it claims will, “open up the world of advice.”

  • Turmoil is fuelling higher demand for financial advice

    Global economic uncertainty is fuelling significant growth in demand for financial advice from worried clients, according to a survey of nearly 200 UK financial advisers.

  • FCA CEO promises to 'revolutionise' financial advice

    FCA CEO Nikhil Rathi has pledged to “revolutionise financial advice” as part of a package of reforms to break down the barriers to business growth in financial services.

  • 1 in 4 pre-retirees have consulted a financial adviser

    More than one in four pension savers (28%) nearing retirement say they have seen a financial adviser or wealth manager in the past or do so currently, according to new research.

  • Editor’s Comment: The Times they are A-Changin'…

    I suspect many in the regulatory community never expected to be readying to throw some of their carefully-crafted rules on a bonfire of red tape to boost business growth, but that’s exactly what they are being asked to do by the government which this week stepped up its efforts to demand regulatory reform to promote business expansion.

  • Editor’s Comment: Time for a non-dom rethink

    I’ve always believed that we should look after the wealth creators; the entrepreneurs, the business starters, the self employed, the pioneers, the creative people who spot a market opportunity, the professionals who launch new services and start-ups.

  • Editor’s Comment: FCA cancellation reversal deserves praise

     

    FCA bashing is something of a sport in the trade press, and we’ve certainly levelled criticism at the regulator ourselves, so it was pleasing this week to have a good reason to portray the FCA as the hero rather than the villain.

  • Editor’s Comment: FCA's war on crime will take time

    Editor Kevin O'Donnell

    There was a welcome pledge from the FCA this week that it would strive to speed up enforcement action in future, despite the challenges. This is promising but I suspect it will be harder to achieve than they expect.

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