The number of customers using the Money Advice Service (MAS) is up 62% from 1.2 million in 2011/12 to 2.1 million in 2012/13, according to full-year results released today.
Andrew Tyrie, chairman of the Treasury Committee, and Andrew Bailey, executive director of the new Prudential Regulation Authority (PRA), have rounded on the European Union (EU) over its "shocking" implementation of Solvency II.
Aviva is to stop offering direct investment and protection advice for its customers from 31 May.
Positive Solutions, the UK's largest national independent financial advice firm, has made LifeQuote, a protection platform, available to its advisers.
Property has overtaken the State, pensions and savings to become the most likely means of funding long-term care, according to research.
Too much regulation - instead of instilling greater trust in the financial services industry - can have the opposite effect, according to Richard Sexton, reputation and policy director at PricewaterhouseCoopers (PwC).
Adviser firm Positive Solutions has linked up with LifeQuote aiming to support advisers post-Retail Distribution Review (RDR).
The blame for the erosion of trust in financial services must be laid at the feet of everyone involved in the sector, the Financial Conduct Authority's (FCA's) director of supervision has said.