From the RDR and the Financial Advice Market Review (FAMR) to pension freedom, the ability of consumers to access some form of financial advice has been a big focus for both the government and the regulator.
FAMR drew a number of conclusions as to how financial advice could be made more affordable and accessible to the public and how the 'advice gap' could be closed through the use of fintech and other forms of innovation. Having distilled all the policies and efforts undertaken by the government and the regulator since FAMR, the Treasury reckons there are seven important ways financial advice is being made more accessible ...
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