Advice 'vacuum' warning as dual pricing row resurfaces

It says by choosing to offer better-priced deals through their direct channels, lenders are "undermining" both advisers and consumer's potential to access advice in the future. It adds consumers could face an 'advice vacuum' if lenders continue to persist with a policy which puts the more competitively-priced products out of the reach of advisers. "Deep long-term cracks will appear within the mortgage market if this approach persists and one must question whether lenders really have consumer's long-term interests in mind if their ongoing actions lead to the vast majority of advisory fir...