The ‘advice gap’ is much discussed in our world; that relatively few take financial advice and those who most need it are least likely to do anything about it. Would it make a difference if they could talk to us, or variants of thereof, for free? No. There are many things which are good for us and are free which many will not use or do. Recycling bins and going for a run, for example. Those who don’t save can’t actually afford to. Those who get into debt more often than not have no choice. ‘Levelling up’, one way or another is, I’d say, the only option.
“Letter of authority: Why now is the right time for change”
This may sound like a non-issue from outside the world-of-financial-advice bubble. It is the bain, however, of the daily working lives of many of us, particularly of those paid by we advisers to do the dirty work of dealing with the many providers with whom we have to work.
