35,000 financial advisers and 18 million people who need advice in the UK - that's the advice gap, and the key topic in Episode 05 of the NewIn podcast with Cathi Harrison, co-host Ilana Miller and guests Ola Majekodunmi and David Tait.
Ola Majekodunmi (Founder of All Things Money) is a public speaker and newly qualified financial adviser who joined Ilana Miller (Investment Development Director at Royal London) to share her story of graduating into lockdown and teaching herself to invest, to building a personal finance platform and community for young adults on social media.
Cathi is then joined by David Tait (Founder of Redmill Advance) to discuss the qualification pathways, the advice gap, and whether finfluencers are part of the solution, or part of the problem.
01:07 - Introducing Ola from All Things Money
03:28 - How All Things Money started during COVID lockdown
05:12 - The honest truth about content creation
06:47 - The resistance Ola faced, and what she did about it
21:38 - The qualifications pathway explained
23:47 - The big question - is level 4 high enough?
25:38 - Can social media bridge the advice gap?
Cathi is Founder & CEO of Verve and the Verve Foundation, working to achieve their combined mission of building the future of financial services within the UK.
Ilana is Investment Development Director for Distribution at Royal London, and co-host on our New Talent episodes of the NewIn podcast.
Ola is Founder of All Things Money - an online platform designed to provide young adults with the financial tools to navigate the adulting world.
David is Founder & MD of Redmill Advance, one of the UK’s leading financial services training providers and supporters of the Verve Foundation.
