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Advisers fanning the advice gap flame with slow tech adoption

Advisers have been urged to “plug the advice gap” through scalability, with Defaqto warning it “can only be achieved by adopting technology”.

Advisers told social media is vital to attract younger clients

More than one third (40%) of Generation Z (16-26-year-olds) would turn to social media for financial advice, according to market researcher Savanta.

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