Hoban: Above average earners still unattractive to advice industry

Speaking at the TISA annual conference in London yesterday, the financial secretary to the Treasury said simple products and employer contributions to ISAs could be among the solutions to improving saving levels. He stressed the importance of employers and product providers in facilitating this, though failed to mention the role of financial advisers, something picked upon in a question by an audience member. Hoban said financial advice was still "vital" and an "important part of the market" but insisted it was not serving vast swathes of the population. "There's a group of people ...