More than five million people who currently do not receive financial advice would take it if it was cheaper, according to a report by Citizens Advice.
Some 5.4 million people are willing to seek out and pay for regulated advice but are not prepared to meet current prices, the report, entitled The Four Advice Gaps, concluded. Citizens Advice said the...
RDR brought sweeping changes to adviser charging
A quarter (26%) unwilling to pay fees
Research by Grant Thornton
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Following Bailey's BoE role