The financial services sector needs to work out how to scale advice to avoid doing an "enormous disservice" to the UK consumer market, warns Nick Eatock.
The Intelliflo executive chairman reckons the future is "pretty rosy" for advisers but suggests the best-case scenario for the sector would be to have a world of financial advice that spans many more people in the UK. "For now, it [advice] is reserved for just the wealthiest, whereas the need is just as great - maybe greater - in some other areas of society," he says. Eatock is the latest Adviser Champion to appear in Professional Adviser's new series of videos, which has most recently featured Sandringham's Tim Sargisson, TCC's Andy Sutherland and Rennison Consulting's Roderic Rennis...
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