UK - Female IFAs are unhappy about the level of technical advice being given in the financial industry, new research shows.
Some 40% of respondents to the Women’s IFA Group survey on qualifications and standards said all areas of IFA practice in the UK need to be improved in order to give more sound advice.
A further 33% said asset allocation skills was the category most in need of improvement and the remaining 13% of respondents said advisers should only advise in specific areas of expertise.
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.