“The advice gap presents an opportunity for the financial advice industry. Firms that are able to innovate and offer low cost solutions will prosper in future, while those who do not address this part of the market will forfeit share to online competitors.”
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered. Market
Market
Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
Regulatory Context
Economic Context
Consumer
Consumer
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers.
Consumer Sentiment
Value of Savings and Investments
Expected Demand for Financial Advice by Product
Types of Advice Used
Expected Sources of Advice
Methods of Finding Professional Financial Advice
Accessing Financial Advice
Attitudes Towards Financial Advice
Attitudes Towards Managing Finances
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Value of Savings and Investments
Appendix – Expected Demand for Financial Advice by Product
Appendix – Types of Advice Used
Appendix – Expected Sources of Advice
Appendix – Methods of Finding Financial Advice
Appendix – Accessing Financial Advice
Appendix – Attitudes Towards Financial Advice
Appendix – Attitudes Towards Managing Finances
15th May 2015
“Despite recent workplace pension reforms, lingering issues with the system continue to cast doubt over retirement income. An independent commission could go some way to creating a long-term outlook for retirement savings that gives people the confidence they need to start investing for a more comfortable future.” 
22nd January 2015
“Over the past five years price comparison websites have come to play an increasingly important role in consumers’ selection of financial products. This increased usage has in part been driven by highly effective advertising campaigns that have driven up awareness.”
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How can financial advice be made more affordable for younger consumers?
