The FAMR may ultimately have been short on drama, says Liz Coyle, but it is good to see the regulator taking a considered approach to policy
Whether for good or ill, the Financial Advice Market Review (FAMR) carried a great deal of expectation. Before the publication of the FAMR Final Report on 14 March, it was rumoured the proposed outcomes might have a much greater impact on the industry, with big news anticipated on commission, simplified advice and innovations such as robo-advice. It would be fair to say, however, the report ended up sounder closer to a whimper than a bang, with a number of commentators quipping it appeared to be nothing more than the announcement of a consultation into some consultations on a further set...
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