FSA not taking access to advice seriously - Aegon

Speaking at a debate on behavioural economics in London today, Aegon's head of corporate affairs, Francis McGee, says Money Guidance has an important role to play alongside regulated independent advice, but fears the mid-market will lose out. He is joined by MoneySavingExpert.com's editor, Martin Lewis, in calling for new financial advice models to be based on how people think and act in the real world, rather than using traditional models the financial services industry has already developed. "Aegon believes the FSA's Retail Distribution Review lays the foundations for a more trusted a...