Wealth & assets Closing the Advice Gap: providing financial advice for people on low incomes 31 March 2006 by Patrick Stevens This report examines the demographic and financial characteristics of people on low to moderate incomes and investigates whether a new national resource could be established, funded through a public-private partnership, to provide generic financial advice targeted at this group. The report draws together findings from quantitative and qualitative analysis of low earners and service delivery … Continued READ MORE
Pensions & savings· Wealth & assets Submission: Work and Pensions’ Select Committee evidence 1 March 2006 by Sue Regan This briefing sets out the Foundation’s evidence to the Work and Pensions Select Committee’s inquiry into pension reform. The Foundation has not commented on the merits of the Pensions Commission’s proposals. However, we believe that the reform process offers an opportunity to address the potential advice needs of people on medium to low incomes, particularly … Continued READ MORE
Wealth & assets Alliance for Health & the Future’s Demographic Study: living in the advice gap 8 February 2006 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 … Continued READ MORE
Wealth & assets Submission Treasury Select Committee evidence 3 January 2006 This briefing presents the Foundation’s evidence to the Treasury Select Committee inquiry into financial inclusion. The focus of this submission is on the vital and challenging issue of access to financial advice, particularly for basic rate taxpayers on less than average income. They have both the most to gain from getting financial decisions right and … Continued READ MORE
