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Punter Southall has launched a digital retirement planning solution for businesses and their employees, as well as pension schemes and their members.
Boring Money and Wealth Wizards have joined forces in a bid to improve access to financial advice and close the so-called advice gap.
Advisers have given a positive response to the Financial Conduct Authority and HM Treasury’s advice/guidance review released on Friday (8 December), but some have noted that the lines between regulated advice and guidance must not be blurred.
Nearly three quarters (74%) of financial advisers believe the advice gap is their problem, the Scottish Widows Investor Confidence Barometer has uncovered.
Advisers have been urged to “plug the advice gap” through scalability, with Defaqto warning it “can only be achieved by adopting technology”.