Tim Sargisson: The future of advice - a £185bn opportunity

£185bn of unadvised investible assets

clock • 3 min read

When looking at the future of financial advice, it seems the possibilities are endless, writes Tim Sargisson. But does the regulator have the same long-term perspective?

A recent Royal London report - Let's shape the future of advice to unlock a £185bn opportunity - highlights how three-quarters of UK adults fall into the advice gap. Moreover, within this population, 3.7m consumers are open to receiving professional financial advice and have more than £50,000 to invest. This accounts for over £185bn of unadvised investible assets. However, as we know, connecting these individuals with a financial adviser is not such an easy problem to solve. Indeed, some consumers don't know how to find an adviser - while others need more education about the benefits of ...

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