Wealth & assets
·
Financial inclusion

Alliance for Health & the Future’s Demographic Study: living in the advice gap

This report, a partnership between the Alliance for Health in the Future and the Future Foundation, details the results of research into the social and economic profile of low earners for the Resolution Foundation. These individuals are largely independent of state support, but are not a profitable group for the financial services industry to want to provide independent financial advice to. They find themselves in an ‘advice-gap’: excluded from advice provided by the financial services industry, but unable to access state support available for those on very low incomes who are dependent on state benefits.