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...

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

'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read
Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Best amount ever raised

Professional Adviser
clock 20 March 2026 • 1 min read