TISA's Charles McCready: This crisis has shown people need more personalised financial guidance

Only 9% of people get advice

clock • 4 min read

The current crises has shown that more people need access to financial help, writes the Tax Investment and Savings Alliance's Charles McCready, who thinks the rules around financial guidance need to be reviewed...

Crises bring out the best and the worst in people. Sadly, a day hasn't gone by when I haven't heard about a new financial scam looking to take advantage of the ills churned up by Covid-19. As a nation, we applaud those heroes who spend their days trying to keep us safe and we are heartened and touched by those who have gone to extraordinary lengths to raise money and awareness to help those at risk. All the while, unscrupulous scammers target the vulnerable to make a buck or two. Scammers succeed in times of uncertainty, when consumers are bombarded with information via email and the ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers warned against 'tick-box' cashflow modelling

Advisers warned against 'tick-box' cashflow modelling

Cashflow modelling ‘only as good as the information you put in’

Sahar Nazir
clock 06 November 2025 • 5 min read
Azets Wealth expands in South West with Evans Falco acquisition

Azets Wealth expands in South West with Evans Falco acquisition

Evans Falco will join Azets’ operations later this year

Sahar Nazir
clock 06 November 2025 • 1 min read
SJP firm Twelve Wealth Management acquires fellow partner practice

SJP firm Twelve Wealth Management acquires fellow partner practice

Managing director Matt Smith joins the firm

Isabel Baxter
clock 05 November 2025 • 1 min read