TISA welcomes tabled amendment allowing for personalised guidance

‘Crucial that consumers have access to targeted and effective support’

Ayesha Venkataraman
clock • 2 min read

The Investing and Saving Alliance (TISA) has expressed support of Treasury Committee chair Harriet Baldwin tabled amendment to the Financial Services and Markets Bill (FSM Bill), which paves the way for regulated personalised financial guidance and support.

In September, Baldwin spoke in support of the FSM Bill and highlighted opportunities for the financial advice market to offer people more customised guidance through the use of innovation and technology. During a debate in parliament, Baldwin commented of the now tabled amendment, saying: "It would allow the provision of much more personalised guidance through the use of innovation and technology, helping consumers through difficult decisions such as moving pensions when they change employer. "That would create a better-informed consumer who would not necessarily fall so easily for so...

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