Consumer Duty: Why hybrid advice will become indispensable

I recently read some research from CoreData that pointed to considerable disquiet among advice professionals about the effects of Consumer Duty on the business of providing financial advice and planning to clients. What really hit home is that nearly three-quarters (72%) said that the regulation will increase their cost of doing business. It also found that three-fifths (60%) expect advice fees to go up, 75% believe it will be harder to assist clients with lower value assets, and an alarming 35% think Consumer Duty will actually induce more advisers to leave the sector than happened with...