The marked improvement in annuity rates over the past 12 months has also had a positive impact on the cost of guarantees, according to Canada Life research.

The Consumer Duty is likely to change how advisers communicate with clients, the way they assess the value of advice and the way they segment their client base and service offerings, according to adviser research.

The latest issue of Financial Planning Today Magazine has just been published and reports in detail on how the platforms have been battered in the past 12 months by market volatility - and how the Financial Planning profession is coping. 

People in poor health have poor finances too, with just one in 20 having high levels of financial resilience compared to a third of people in good health.

The UK has an impressive 99% literacy rate, according to international studies. While this is worthy of praises I suspect the 'financial literacy' rate for the UK is just a fraction of this and the country is poorer as a result.