During the last few years, the market for financial advice has undergone a period of dramatic and far-reaching change. In particular, this trend has been driven by regulatory changes that initially centred on the introduction of the polarisation regime and subsequently the depolarisation reforms.
This report aims to provide a summary of the current state of play within the market for financial advice, as well as considering the future prospects for market growth. In addition, it seeks to identify which particular product areas are likely to offer the best prospects for advisers and considers what factors are currently acting to deter more consumers from seeking financial advice.