Quick and cheap? Might a new simplified advice service finally open up regulated advice to the masses?
You know what the red corner says about simplified advice, don't you? ‘It sounds good but it's not profitable', it says, ‘Wish we could but the rules aren't clear'. ‘It won't work'. The blue corner begs to differ. It claims that, if the future of advice is mostly online, and the industry is serious about closing the advice gap, then somebody, somewhere, is going to have to make it work. Bristol-based platform Parmenion wears blue. This autumn, it plans to come to market with Interact, which it describes as the "UK's first, fully integrated online simplified advice service". Like I ...
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