Knowledge

AKG Research Paper 2023

How will financial advice evolve in the coming years? Download your copy of the research paper on the future of advice, written in partnership with AKG.

The Future of Advice – State of Flux

Intermediary distribution is the lifeblood of most financial services companies. All parties with a stake in proceedings need to target strong and sustainable business models. A crucial element of this is the requirement to identify and understand market dynamics.

What does the research cover?

The paper, the second major examination of the future of the advice market by AKG, is designed to support an understanding of where the market currently stands and how and why it might evolve over the next few years.

Regulatory change, such as Consumer Duty and the ongoing review of retirement advice, are creating significant headwinds.
The advice gap is set to widen before there is any realistic prospect of improvement. Whose responsibility is it to narrow the gap?
Technology and AI can improve business processes and client engagement without being a threat to IFA business models.