Millions of consumers are clueless about where to find financial advice although growing numbers want financial help with their savings and retirement plans.

Adviser network Openwork’s asset manager Omnis Investments is to replace Woodford Investment Management as manager of its £330m Omnis Income & Growth Fund.

Research for IFA network Openwork has revealed growing untapped demand for financial advice.

Adviser network Openwork has launched an expansion of its market-leading Openwork Academy with a record intake and plans for further growth during the year.