The Association of Professional Financial Advisers (APFA) has called on the regulator to cut its handbook on adviser disclosure by a third, saying too many rules lead to lengthy suitability reports that confuse consumers.
APFA listed about 50 COBS rules relating to adviser disclosure, all of which, it said, "lead to consumers being inundated with information at nearly every stage in the advice process". The glut of rules...
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First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.