Financial advice

The Financial Conduct Authority (FCA) is not prescriptive about how firms deliver their services because it knows advice can be given in an "infinite variety of ways" - but it has communicated four steps firms should follow to satisfy its requirements....

The advice industry is paralysed by a fear of doing wrong, which has led to a "commoditisation of investment solutions", Ashcourt Rowan chief executive Jonathan Polin has said.

FIVE THINGS

Advisory firm Skipton Financial Services (SFS) has set aside around £9m to cover costs associated with a review into its investment advice which identified documentation issues in a number of cases.

Advisers remain the preferred source of information for small firms when choosing a company pension, one year after the government's campaign for auto-enrolment first launched, new research suggests.

BARGAIN

Retirement Planner's round-up of the top pension stories this week.

Retirement Planner's round-up of the top pension stories this week.

Problem debt is on the increase among older clients. Fiona Murphy asks: What are the most common types of debt and how could this be mitigated in the advice process?

Guide to Advice, a website which helps those looking for financial information, guidance and advice online, has today launched a searchable financial directory.