Tom Hegarty: Surely any kind of regulated advice is better than none

Create operational efficiencies

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Tom Hegarty: "Many advisers I have spoken to recently have defined their own specific number of clients they can manage to provide advice to – and they will not take on any more new clients."
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Tom Hegarty: "Many advisers I have spoken to recently have defined their own specific number of clients they can manage to provide advice to – and they will not take on any more new clients."

Not everyone needs independent face-to-face advice, writes Tom Hegarty, so the profession must look to offer alternative solutions to those who cannot access or afford this route

The FAMR Baseline Report, published by the Financial Conduct Authority (FCA) and HM Treasury in June 2017, not only highlighted that only 3.2 million of the UK adult population had received financial advice...

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