A new report from financial consultancy the lang cat uncovers a persistent Advice Gap in the UK, with only 9% of people currently receiving professional financial…
New research has raised concerns about the reliability of AI in answering finance-related questions, after findings revealed that over one-third of AI-generated responses were inaccurate. The…
The Equity Release Council has unveiled a new directory at the Later Life Lending Summit, aimed at aiding consumers in finding the right financial advice for…
The Equity Release Council has introduced a new member directory, enhancing consumer access to later life lending services.The directory was launched at the Later Life Lending…
There is a noted disconnect between advisers and clients regarding what constitutes value in financial advice.A recent study reveals a discrepancy in the perceived importance of…
The FCA has announced its upcoming plans for addressing the advice gap in pensions and investments, emphasising the importance of accessible and affordable support.In December 2023,…
The cost of financial advice exams has been on a steady incline, creating challenges for aspiring advisers.In recent years, the Chartered Institute for Securities and Investment…
Over half of clients hesitate to discuss vulnerability with advisers, a report suggests.A new study by St James’s Place (SJP) highlights barriers in financial advisement.12,000 individuals…
Amid widespread concerns over retirement preparedness, the financial advice industry finds itself in a unique position to provide value.Many individuals lack the confidence to manage retirement…
The Financial Services Compensation Scheme (FSCS) has declared Charterhouse (Chester) Limited failed.A single complaint about pension transfer advice was upheld, leading to the firm’s default status.Nine…
