The latest Professional Adviser TV episode features Dan Russell talking about his new business venture Funkled and his passion for building financial education.
In the episode, Russell touched on how the lack of financial education is a "social crisis" in the UK that is not looming, but already here. "The single biggest problem facing financial services in the UK isn't AI, regulation, new business models, or consolidation. It's that most people simply don't understand what we're talking about," he said. "Financial services as an industry hasn't truly grappled with the scale of the engagement problem yet." The financial literacy crisis isn't coming - it's already here." To tackle this issue, Russell has launched Funkled, which he hopes will...
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