Where do we go from here? When providing advice is uneconomical

I remember in the period leading up to the Retail Distribution Review (RDR) the buzz was that this would be the chance for independent financial advisers to be treated in the same way as an accountant or solicitor. The key distinction is that the commission system sometimes led to a transactional approach where individuals would use advisers to complete one-off transactions but wouldn't always enter into an ongoing relationship with their adviser. I think that this was correct and that it enhanced the growth of financial planning as opposed to transactional financial advice. Indeed...