Polling by IFA firm Chase de Vere in conjunction with Lightbulb, an independent research company, showed that employers were not willing to spend money to provide financial advice for their employees despite understanding the benefits of doing so.

There is a growing trend for advisers to take on more work themselves and manage the investments of their clients in retirement in separate pots, an asset management firm has found.

Sanlam has released its half-yearly Income Study, which it described as “the definitive investor guide to UK equity income funds.”

New research by Aegon revealed that 38% of individuals were not confident about their ability to retire comfortably, with many unprepared when it came to pension savings and arrangements for funding their retirement.