Paul Feeney: Financial advice has come a long way

If you had asked my granny about financial advisers and what they do she would have likely described what we have come to term ‘the man from the Pru'. That was a man walking door-to-door serving a critical role in our communities by making sure people saved something for a rainy day, often before it was flitted away down the pub. Times have changed. Today many ordinary people are unable to access the kind of basic financial planning that today's retirees enjoyed during their working lives. This is arguably at a time when they need it most as the UK's household savings ratio is in long...