adviser

Around 57% of the UK population has never sought advice from a financial adviser with a fifth saying it is too expensive, according to new research from Zurich.

The Financial Services Skills Council (FSSC) has launched a new national standard for financial advisers who work with older clients.

People who use a financial adviser are much more likely to save money than those who do not, according to research from Standard Life.

The FSA says it is disappointed in the "sizeable" number of firms that failed to meet its March TCF deadline - and warns it will now intensify its focus on them.

IFAs must adapt urgently their proposals for high net worth clients to keep pace with an evolving market, according to David Thompson, managing director of Winterthur.

Financial planning firms are now able to apply for chartered status after the Chartered Insurance Institute introduced corporate status for its Chartered Financial Planner title.

The traditional commission structure of the adviser market is evolving with IFAs opting for more varied ways of being paid, according to Skandia.

Money Portal is offering its member firms an added incentive to adopt the principles of TCF by promising to give them a better valuation when and if they are sold.

Our industry has an unfortunate reputation for shooting itself in the foot, particularly in the way it often tries to take advantage of attempts by Government to relax pension rules.

Merrill Lynch has appointed Barclays Wealth directors Matthew West and Philip Maher to build up the firm's advisory business for UK-based clients.