The issue of vulnerable clients has become something of a hot potato in recent years so it was good this week to see some pleasing progress in the Financial Planning and financial advice arenas.

We are often told that financial services is a boom sector and in many ways it is, employing over 1m people and bubbling with innovation and enterprise, but does all this activity mask the fact that in one key measure the sector is actually shrinking?

One of the most extraordinary statistics this week revealed that one in four advised clients are currently helping adult children financially.

Prime minister Rishi Sunak surprised quite a few people this week with an unexpected announcement direct from No.10 that financial cold calling will be banned.