The Resolution Foundation is holding its first conference today to discuss its research on access to financial advice for those excluded by poverty.
The foundation is chaired by Resolution Insurance chief executive Clive Cowdery, while speakers today include Pensions Minister Stephen Timms, Clive Briault of the FSA, Baroness Sally Greengross and Mick McAteer of Which.
The foundation’s research has found 12 million people exist in a financial advice gap, independent of state support but with below median earnings. They save less than the UK average and worry more about income in retirement.
Resolution foundation chief executive Sue Regan says: “People living in the financial advice gap deserve a better deal. Today’s conference illustrates that all sectors and stakeholders are prepared to engage with how to find solutions to filling the financial advice gap.”