Neil Moles: Taking the temperature of 2020

'Advice gap clearly visible'

clock • 4 min read

Progeny's Neil Moles takes stock of his firm's recent 'state of the nation' advice survey which through up some interesting results...

Earlier this month we conducted a survey of more than 2,000 people across the country. Our aim was to take the temperature of the UK at the end of a year like no other and to understand current attitudes to financial advice. The results threw up a number of interesting findings - some of which were surprising, others more predictable. The advice gap was clearly visible in the results. We saw that, on the one hand, across the country three-quarters of people still don't have an adviser and don't identify with needing one. Paradoxically, large numbers of respondents also acknowledged th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA proposes overhaul of client categorisation rules

FCA proposes overhaul of client categorisation rules

In response to industry calls for a more flexible regime

Sahar Nazir
clock 08 December 2025 • 2 min read
Barclays weighs bid for £2.5bn Evelyn Partners as major banks circle – report

Barclays weighs bid for £2.5bn Evelyn Partners as major banks circle – report

NatWest and Lloyds Banking Group reportedly among firms considering offers

Sahar Nazir
clock 08 December 2025 • 1 min read
Andrew Goodwin on the Budget: Three key lessons for advisers

Andrew Goodwin on the Budget: Three key lessons for advisers

'Pretty much everybody has taken a hit'

Andrew Goodwin
clock 08 December 2025 • 4 min read