Advisers fanning the advice gap flame with slow tech adoption

Technology is ‘important for the future of financial advice’

Sahar Nazir
clock • 1 min read

Advisers have been urged to “plug the advice gap” through scalability, with Defaqto warning it “can only be achieved by adopting technology”.

Insight consultants Ben Heffer told delegates at the firm's Smarter Financial Decisions conference yesterday (7 September) that it is up to advisers to close the advice gap. Fellow consultant Darren Winfield said many advisers are now looking at adopting technology to power their own platforms so that they are in better control of this. "They are looking for help. It is important for the future of financial advice that the technology is there," Winfield said. "Advisers must not lose sight of the fact that technology is important today." Meanwhile, consultant Richard Hulbert said...

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