Just 8% of Brits received financial advice
But number of advisers slowly increasing
But number of advisers slowly increasing
And government expected to keep triple lock promise with 2.5% rise in 2021/22
It is expected to trigger greater exodus of advisers from the DB pension transfer market
As over 190 firms gave up permissions in the last three months
As UK government to pass ‘technical bill’ to keep manifesto promise
Aim is to ‘ensure people can better navigate financial services to invest for the future’
Government flagged the move back in 2014
Chancellor Rishi Sunak to set out recovery plan as lockdown eases
Implications of coronavirus outbreak would make the UK policy unaffordable
Focus needs to shift to ‘domestic priorities which have been left languishing’
LTA to increase in April 2020 by September CPI rate – but August figures disappoint
High cost and lack of availability of PI cover, more Sipp complaints and FCA scrutiny are big factors