The Thoresen Review of generic financial advice has received little coverage despite its potential c...
The Thoresen Review of generic financial advice has received little coverage despite its potential cost and ramifications. At its core is the proposal for a national Money Guidance (MG) system, which will be impartial from Government and the financial services industry to support people when budgeting. It will not cost the user anything and will be sales free. It will be delivered by a central body with a MG-accredited partners for face-to-face, web-based and telephone communications. It is not intended for those in a crisis. They will be referred to existing organisations such as the Citiz...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes