Figures from Tulip Financial Research suggest Britain's private banks are missing out on the opportunity to advise clients on some £285bn in investment business.
A recent study of the consumer's willingness to accept compulsion has raised fresh questions about the direction of long-term planning messages.
This story has been updated and substantially altered, following new information from the Association of IFAs.
The Consumers' Association has launched a fresh attack on financial advisers as its own research suggests only three out of 39 mortgage "gave acceptable advice".
Selling stakeholder products through a basic advice process may increase the risk of future mis-selling because it will effectively reduce consumer protection, the Consumers' Association warned today.
Consumers may soon be able to receive 'basic advice' on the government's suite of stakeholder products after the FSA today revealed it is to consult on proposals to introduce a simpler and lower-cost advice regime.
Only one in three people in the UK say they trust financial advisers the most when seeking financial advice, reveals a study by LifeSearch.
JPMorgan Fleming is today urging government and industry to redouble efforts to recognise the role of pension advice in the face of new research showing defined benefits continue to wither.
Consumers who fall into the Financial Services Compensation Scheme could receive a maximum potential compensation of £48,000 should a mortgage or insurance intermediary firm collapse - the same as a claim for an investment firm.
The Financial Services Skills Council is launching another round of consultations on examination reform proposals this Friday to look at final draft specifications for investment and mortgage advice exams and the way appropriate exams should be identified....