More people find their Financial Planner, wealth manager or IFA through a family recommendation or work rather than a friend, according to new research.

Six months after it was implemented, over two fifths (45%) of IFAs believe the Consumer Duty has made it harder to advise clients.

Three quarters of IFAs plan to retire in the next decade - 31% in the next two to five years - raising concerns there could be insufficient adviser numbers in the future.

More than 80% of IFAs rank ESG considerations as important for client portfolios compared to 65% this time last year, according to a new study.