Neil Moles: Taking the temperature of 2020

'Advice gap clearly visible'

clock • 4 min read

Progeny's Neil Moles takes stock of his firm's recent 'state of the nation' advice survey which through up some interesting results...

Earlier this month we conducted a survey of more than 2,000 people across the country. Our aim was to take the temperature of the UK at the end of a year like no other and to understand current attitudes to financial advice. The results threw up a number of interesting findings - some of which were surprising, others more predictable. The advice gap was clearly visible in the results. We saw that, on the one hand, across the country three-quarters of people still don't have an adviser and don't identify with needing one. Paradoxically, large numbers of respondents also acknowledged th...

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