The regulator wants to work with the industry on products to allow people to unlock money tied up in their property, Financial Conduct Authority (FCA) acting chief executive Tracey McDermott has said.
The Financial Inclusion Centre has called for the establishment of a funded national advice network to help bridge the advice gap.
Crackdown on financial product 'add-ons'
Proposals need careful consideration
No titanic struggle over pension ISAs
'Robust' advice processes will stand up to scrutiny
How much can advisers really be expected to know about problem investments before they turn sour?
Couple lost £43k in 18 months on £700k investment as banking crisis emerged
The FCA responded to TSC recommendations