FAMR and RDR review: Six takeaway points from the FCA's report

Advice for £250, please

Of those with £10,000 in investible assets, 17% receive regulated financial advice, while 29% receive formal guidance but half (50%) do not receive any support.
Of those with £10,000 in investible assets, 17% receive regulated financial advice, while 29% receive formal guidance but half (50%) do not receive any support.
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The Financial Conduct Authority (FCA) published its Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR) on Thursday morning (3 December). So you don't have to go trawling through the paper yourselves, Profesional Adviser's Sophie King has put the main points together for you...

Just £250 for your service, adviser One snippet of the report advisers might find a tad shocking is the amount at which consumers are willing to pay for advice. Respondents were asked to think about...

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