FAMR criticised for 'unrealistic' format

Only a small percentage of advisers responded to FAMR

Carmen Reichman
clock • 2 min read

The Financial Advice Market Review (FAMR) has come under fire for being too difficult and time-consuming for advisers to respond, creating a danger the 'views on the ground' have not been heard.

Provider Zurich said the Financial Conduct Authority (FCA) and Treasury's joint project was "unrealistic" from the outset, as it would have taken an adviser "a week" to respond to the review. Th...

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