Simplified advice

Will offer simplified advice

FAMR is 'last piece in jigsaw'

FSA guidance failed to do the job

A report has called for a new category of advice for the mass market to help later life consumers "put their savings to use" and help drive economic growth.

The offering is aimed at advisers' dormant clients

EQ Investors, the high-end investment adviser led by Bestinvest founder John Spiers, has revealed it will launch a simplified advice service at the end of the month.

Lessons on robo-advice

Risk profiling software developer FinaMetrica has launched a robo-advice toolkit targeting investors with under £100,000 to invest.

The regulator has said it understands advisers' concerns about their liability for simplified advice, saying it has made the issue a core part of the Financial Advice Market Review (FAMR).

National advice firm Lighthouse Group has entered an 'affinity' contract with the Association Of Teachers and Lecturers (ATL), gaining it access to 170,000 prospective new clients.