FAMR five years on - can the advice gap be closed?

FT Adviser · Apr 16, 2021 · 31m

Last month marked five years since the final report of the Financial Advice Market Review was published.The review was commissioned by HM Treasury to find measures to close the advice gap and enable the development of affordable and accessible financial advice - but in the five years since not much has changed and by some measures the advice gap has actually grown. And earlier this year the government was forced to admit one of the measures introduced following the review - the pensions advice allowance - was not working and would be reviewed.This week, FTAdviser digital editor Damian Fantato…