Regulator asked to report on how well rules are working
First phase intended to ‘reduce burden’ on firms
10% higher than last year, commentators note
The ‘standout’ proposal from FCA’s advice / guidance review
Targeted support proposal could be ‘game changing’ for consumers
The regulator and HM Treasury set three proposals as part of major review
Quilter crunches the benefits of raising the threshold and removing the RNRB
Hunt should ‘seize the opportunity and scrap this hated tax,’ deVere CEO says
Figure breaks down at £22m a day for the government’s coffers
No changes to initiative but industry called to better support savers