Financial advisers are willing and able to break through the "perceived barriers" to at-retirement advice by inventing simpler offerings, chief executive of the Personal Finance Society (PFS) Keith Richards has said.
Financial advisers have signed up to offer free financial planning surgeries to consumers later this month as part of an annual initiative.
Professional Adviser has obtained the latest list of advice firms being pursued as lead defendants by the Financial Services Compensation Scheme (FSCS) in relation to Keydata sales.
The framework for an advice profession has been clearly established by the regulator and professional bodies, it is now up to advisers to make the leap, Rory Percival told delegates.
Almost half of consumers due to retire within the next decade will be seeking help from regulated financial advisers, research claims.
P2P in ISAs: Advisers on risk vs reward
The FCA's Rory Percival is unimpressed by firms seeking to 'please the regulator'. But what other option do firms have?
Almost three quarters of advisers want to be included on a Money Advice Service (MAS) directory for firms prepared to give retirement advice to those who have received free pensions 'guidance' under a government scheme, research suggests.
Almost half of independent advisory firm business-owners plan to sell up within five years - and 10% in the next year alone, according to research.
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