Advice-for-all now 'urgent' - Thoresen

clock •

The need for wider access to financial advice has now become "urgent as well as important" in the wake of the extraordinary market developments of the last week, Otto Thoresen says.

Speaking at The Labour Party conference in Manchester this morning, the Aegon UK CEO says ensuring more people can see a financial adviser should form part of the Government’s policy response to the current economic turmoil. Thoresen says advice for all - not just for what he calls the “wealthy, very poor or heavily indebted”, will help guarantee people “take on their increasing financial responsibilities with confidence”. He adds a move would also be “a natural complement” to a Money Guidance initiative he chiefly developed and which the Government has promised to implement. “Recent ...

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 Your profession

Why financial planning needs to wake up to neurodiversity

Why financial planning needs to wake up to neurodiversity

Finova Money’s Anna Butcher launches the Uniquely Wired Network

Isabel Baxter
clock 21 September 2026 • 4 min read
Ahmed Bawa: Why advisers need to ask themselves the long-term questions

Ahmed Bawa: Why advisers need to ask themselves the long-term questions

What do you need from your network?

Ahmed Bawa
clock 21 September 2026 • 5 min read
Advisers' Budget 2026 wish lists – 'this is a scary one'

Advisers' Budget 2026 wish lists – 'this is a scary one'

First under Burnham and Healey

clock 18 September 2026 • 3 min read