Regulation

'This does not compete with financial advice. It's an early stepping stone on the advice journey'

Regulator will look to amend existing rules

FCA working with Information Commissioner’s Office on solutions

Proposes to exclude products subject to marketing or distribution restrictions

Firms must signpost consumers to MoneyHelper’s annuities comparison tool

Lang Cat research finds

FCA also fined Jes Staley £1.1m

Information sought amid client’s ongoing advice provision concerns

Lang Cat research finds advice gap steady with just 9% paying for advice

Tool uses machine learning to segment more than 70,000 UK regulated firms by category