Marilyn Cole: Is it finally time for a simple advice channel?

'Unmet need'

clock • 4 min read
Marilyn Coles: "It is also notable that the FCA allowed providers to give much more direction to customers during the crisis though it might be called enhanced guidance as it still came with warmings not to stray into advice."
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Marilyn Coles: "It is also notable that the FCA allowed providers to give much more direction to customers during the crisis though it might be called enhanced guidance as it still came with warmings not to stray into advice."

The pandemic accelerated change in advice businesses with increased agility and efficiencies. The regulator was also in a more flexible mood. Here Marilyn Cole asks whether now could be the perfect time for a simple advice channel to finally emerge?

One of the more unexpected outcomes of the current crisis could be the creation of a simpler and lower cost advice channel. Of course, there will be some cynicism about this. Anyone with experience...

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