Wealth manager trade body PIMFA has called for radical reform of the advice sector to reach more consumers.

As many of you will know, I am a big advocate for regulated financial advice. Not only is it essential throughout the accumulation stage, it is even more so in the decumulation stages of life.

Retirees who take financial advice are £47,000 better off in retirement - on average - than people who take no advice, according to a think tank which wants government to do more to encourage take up of financial advice.

One in 3 Britons over 55 would seek to retire early if they were made redundant in the next 12 months, according to a new consumer study.