'A very real and very interesting challenge'
McDermott: 'I wouldn't rule it out but we will not reverse RDR'
The Financial Conduct Authority (FCA) has said it will support a move of Pension Wise towards providing a more personalised service for its clients.
Industry needs to respond to market movements
Body wants to act more as 'facilitator'
The pace of change is set to increase next year
The government has been urged to prioritise simpler guidance, more widespread advice and better retirement products to help people save for retirement, with robo-advice singled out as a possible solution.
Have politicians forgotten basic behavioural finance?
The Financial Advice Market Review (FAMR) could herald the return of banks and product providers offering mass-market advice propositions, Sesame Bankhall Group (SBG) executive chairman John Cowan has said.