Simplified advice regime will boost financial resilience

'What's been tabled will help to ease the nation's cash obsession'

clock • 3 min read

Access to a simplified and cost-effective financial advice regime could dramatically change the financial resilience of the country, writes David Tiller

During a time when the nation is suffering with double-digit inflation, it is ever more imperative that the millions of people around the UK who hold too much of their savings in cash make their money work harder. For this reason, the Financial Conduct Authority's (FCA) plans to make financial advice more accessible and help people have more confidence while investing is a good step in the right direction. Not everyone needs full-service financial advice, especially in the early stages of building wealth and having relatively simple financial affairs. We know people want advice but of...

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