With the cost of living crisis front of mind for consumers and Consumer Duty creeping on to the radar of financial advice and planning businesses, it’s about time someone took a look what this means for the supply of, and demand for, financial advice in the UK.

As luck would have it, four enlightened sponsors agreed with us and the fifth edition of our research into the UK advice gap was born.

Over the past couple of months, we’ve carried out consumer research to understand the impact of the cost of living crisis on their savings and investments, and wider spending habits. We’ve also looked at perceptions of value for money. We’ve spoken to our panel of advice and planning professionals to get their take on the problem. And now we’re ready to share what we’ve learnt - and we think you’ll find it interesting...

Advice Gap Report Findings