'Consumers are increasingly searching for financial advice'

While the advice guidance boundary review appears promising for the mass market, it needs greater focus and commitment than similar initiatives have received.

A recent FCA speech emphasised the importance of a ‘capital A’ advice market and implored the advisers present not to retire thinking they would be replaced by robots.

I suspect that is not the driving factor behind many retirement decisions, and that most advisers might need a little more practical support rather than sentiments. 

Mark Rendle is product director at AJ Bell Investcentre