Elderly people would be given a "sense of security" if high street banks returned to financial advice, according to a Financial Conduct Authority (FCA) paper.
Elderly people are comforted by visiting their bank branch and would benefit from face-to-face advice from a bank manager, according to a paper from the regulator entitled The ageing population and financial...
He left the IA in October
Focus on HNW clients in London
Butler oversaw scrapped banking review
Inflation could erode pension incomes
Technology as a communication tool