The Chancellor has stated there will be a review of the current exemption which exists in respect to employers promoting financial products to their employees.
The Treasury aims to cut back "disproportionate" requirements to report information to the Financial Services Authority (FSA) in its proposed amendments to the Financial Services and Markets Act 2000 (FSMA).
Proposals have been tabled by the Financial Services Authority to change or "streamline" the disputes-handling procedure for any complaints made against the regulatory body.
Financial promotion framework rules could soon require firms meet risk-based advertising regulations rather than the current sector-specific regime for product promotions, suggests the Treasury.
The Treasury today asks whether people working in Citizens Advice Bureau or other "voluntary advice centres" should be exempt from rules regulating profit-making businesses in order to widen access to financial advice.
Corporate IFAs face further competition from other "professional firms" if the government decides to loosen Financial Services and Markets Act rules regulating occupational pensions trustees' investment activities.