The financial services sector needs to work out how to scale advice to avoid doing an "enormous disservice" to the UK consumer market, warns Nick Eatock.
The Intelliflo executive chairman reckons the future is "pretty rosy" for advisers but suggests the best-case scenario for the sector would be to have a world of financial advice that spans many more people...
Retirement Advantage research suggests
9,700 transfers in 2016/17
Up 0.1% from Q1
Extra burdens for largest firms