The advice gap has been exacerbated by low interest rates, regulatory chief Andrew Bailey has warned in his City Banquet speech at Mansion House.
The Financial Conduct Authority (FCA) chief executive said interest rates had affected the advice gap because the cost of advice looked "less favourable" when compared to returns in a low-interest rate...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
Integration with Money Dashboard
View from the front row