Think tank calls for state-funded national advice network

The network would operate nationally and should be funded by either the industry or the public purse, the organisation, run by Mick McAteer, said in a paper out this month. The think tank welcomed the government's  probe of the financial advice market, the Financial Advice Market Review (FAMR), which was launched on 3 August and seeks to explore how access to advice can be "radically improved". But it denied suggestions often made by advisers that the advice gap is based on an over-regulation of the industry, which has pushed up the price of advice. Instead, it suggested robust, be...