Financial capability: Why advisers are central to the solution – and the opportunity

In my first column for PA, I focused on the scale of the UK's financial capability crisis, and the broad steps that can be taken to tackle it. The response from the advice profession was immediate and positive, proof that if the UK has a significant financial capability crisis, then advisers can and should be at the heart of the solution. Advisers are not responsible for the woeful state of financial understanding in this country. Quite the opposite. They are, in fact, the most credible antidote we have. Yet for too long, financial capability has been viewed by many firms as someon...