Quilter FP's Cassidy: Advice profession must tackle gender imbalance

There is still a significant gap between the number of men and women who receive financial advice and this is something the profession needs to address, according to Amanda Cassidy, managing director of Quilter Financial Planning. "The FCA estimate that only 40% of the UK adult population who took financial advice were female. This can have huge ramifications for someone's wealth particularly in the current climate when interest rates on cash savings are so low," she says. "Part of the reason for this is that the advice and investment industry has been dominated by men for so long and...