The FCA surveyed IFAs in 2025 and published a fascinating result in 2026. Assets under advice have hit £1tillion according to the FCA press release. This is assets under advice not assets under management. However, it is still a huge number. That does feel as if it is somewhat under-reported.
Citywire New Model Adviser focuses on the regulator deciding to detail where financial advice is densest and least dense in the UK though it does varies by advisers, assets etc. Worth a click.
In other news, 91% of advisers value a strategic partner that can support the co-manufacturing of managed portfolio services (MPS) aligned with client goals, according to Charles Stanley.
Does makes sense but does, of course, also align with the interests of the sponsors of the survey. Money Marketing reports.
The FCA's moves against finfluencers brings a guilty plea from Geordie Shore’s Aaron Chalmers as FTAdviser reports. Professional Adviser reports that the FCA is challenging 120 finfluencers in total.
IFA Magazine reports that David Wilson Homes has created a Regional Retirement Index, ranking local authorities within each region of Great Britain based on factors that matter most to retirees, including life satisfaction, housing affordability, access to healthcare, and green space.
In related news, many UK adults are underprepared for retirement, which is increasing the need for people to work longer working lives, according to research from Skipton Building Society.
A survey of 2,000 working adults found that 38% have given little or no thought to retirement planning. More than six in 10 Gen Z respondents say they have not seriously considered retirement, while 17% of those aged 65 and over said the same! Corporate Adviser reports.
Shackleton has bought the £10bn assets under management of Hurst Point. According to Professional Adviser the Shackleton acquisition will create a £17.5bn advice giant.
