'Industrial scale' advice essential post-RDR - Scottish Widows

The provider said more people want financial advice than have access to a financial adviser at present - and the situation was likely to be made worse by RDR. Its Workplace Pensions Report 2012 said: "Advisers should offer a flexible post-RDR model to ensure employers and employees are provided with appropriate guidance and advice at all levels. However, more people want financial advice than have access to a financial adviser at present. "This represents an advice gap which is likely to grow as a result of RDR. The solution to this lies in the industry finding new ways of getting low...