Adviser / Broking

More than half of the UK population has never received financial advice or cannot recall receiving any, research from the Money Advice Service (MAS) has suggested.

The FSA has responded to an industry provider letter regarding the phase out of financial advisers collating medical information.

Advisers have not realised the impact the incoming Consumer Insurance Act will have when inputting medical information, a medical information provider has warned.

MPs have continued to heap criticism on the Money Advice Service (MAS), with questions being raised about the lack of focus in its role.

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

British adults have reported that 28 is the age to begin building long-term financial provisions, Bright Grey has said.

The Association of Independent Financial Advisers (AIFA) has admitted any proposal in Parliament to reintroduce a 15-year complaints long-stop for financial advisers is unlikely to make it on to the statute books.

LifeSearch has highlighted the need to seek independent protection advice in a BBC Radio Scotland debate.

Bright Grey has redesigned its customer-facing website to help prospective adviser clients expand protection knowledge.

Chase Templeton has acquired PMI specialists Perfect Health as part of its drive to consolidate the PMI intermediary sector.