Majority of advisers believe the advice gap is their problem

When asked who has the greatest potential to make progress in closing the gap, the most common answer was advisers themselves (44%). Meanwhile 20% see technology, including artificial intelligence, as having the greatest potential to shrink the gap. The same figure (20%) feel that established savings providers can make the biggest impact. Only 13% felt that regulation offered the most potential to close the gap. Access to financial advice for investors with smaller portfolios has historically been limited, Scottish Widows noted. However, a majority (68%) of surveyed advisers said that...