Nici Audhlam-Gardiner: Wider basic advice adoption could shrink advice gap

When confronted with a problem, whether in financial services or perhaps in general life, there is a risk that we overlook the positive that we already have in the push to achieve a comprehensive solution. In other words, we end up ‘re-inventing the wheel.' Efforts to tackle the so-called ‘advice gap' stand to miss a fundamental opportunity to close it. This gap, which sees 15.8 million UK adults not make use of regulated financial advice to support their financial decisions, is undoubtedly a problem that needs to be tackled. I both acknowledge and support the government and regulato...