True Potential CEO: How AI is helping fill the advice gap problem

The financial advice industry is grappling with a significant challenge - an advice gap where the demand for personalised financial guidance far exceeds the supply of available and affordable advice. This gap is exacerbated by several factors, including regulatory complexities, a growing need for financial planning among the general population, and a notable decline in the number of practising financial advisers. Projections from True Potential suggest that 40% of the UK's financial advisers could retire in the next five years. With much of the UK's population already suffering from a...