The Personal Finance Society is to step up its campaign for a second Financial Advice Market Review this year to tackle a potential worsening of the ‘advice gap.’

The FCA’s comprehensive adviser sector review published this week brought some surprisingly positive news. The number of advisers is on the up after years of plateauing or decline.

Financial adviser numbers have risen by 1,400 (4%) since the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR), ending years of decline.

Advisers have had their say on the FCA’s review of the advice market, which was launched today.