‘Collaboration’ is key to closing the financial literacy gap

FT Adviser · Jul 7, 2023 · 23m

The advice gap is ever-growing and as a profession, financial advisers have a role to play. But is it solely up to the financial services industry?A recently conducted poll on Twitter asked financial advisers what their views were on financial education in schools and whether it should be a collective effort by the advice / financial services industry or whether the onus should be on schools and the government. More than half of the advisers said schools need to do more, around 32% said advisers need to help and some 13% said it’s not advisers' problem.Collaboration seems to be a key…