Four advice gap pioneers the government must speak to

Four advice gap pioneers the government must speak to

Scott Sinclair
clock • 2 min read

As the government probes the advice 'gap', there are a number of regulated advice propositions built to cater for those less well off it must speak to...

Less than three years since the introduction of rules purporting to improve consumer access to regulated financial advice, the government has announced another project which effectively seeks to address the same problem. The Financial Advice Market Review will investigate an apparent advice gap among those who "do not have significant wealth", and seek to remove any barriers which may be preventing firms from filling it. But if the Retail Distribution Review, which was rolled out on 31 December 2012, shifted access to advice towards the wealthy, have any advisory businesses addressed ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA finfluencer enforcement action increases 174% in 2025

FCA finfluencer enforcement action increases 174% in 2025

FOI findings come as regulators ramp up online crackdown

Isabel Baxter
clock 09 February 2026 • 3 min read
TISA urges FCA to rethink targeted support fees and levies proposals

TISA urges FCA to rethink targeted support fees and levies proposals

Could ‘undermine’ the aims of targeted support

Isabel Baxter
clock 12 January 2026 • 2 min read
FCA's targeted support rules set to take effect from April 2026

FCA's targeted support rules set to take effect from April 2026

Regulator plans to open application gateway for firms in March

Isabel Baxter
clock 11 December 2025 • 5 min read