APFA asks Chancellor to cut financial services red tape

In an open letter to George Osborne, director general Chris Hannant (pictured) asked for financial advisers to be included in the government's Better Regulation programme, which is supposed to make it easier for UK firms to do business. Hannant told the Chancellor he is concerned about the amount of rules financial advisers have to comply with and the associated cost of running a business. He asked Osborne to address the issue in his upcoming emergency Budget, which follows the election of a Conservative government in May, and will be delivered on 8 July. Read also: FCA's Martin ...