Resolution highlights priorities for Thoresen

clock

The Thoresen Review needs to concentrate on five key areas for a national approach to generic advice, claims the Resolution Foundation.

In response to Otto Thoresen’s ‘Call for Evidence’ consultation, the research and policy organisation is calling for funding to be earmarked in the government’s Comprehensive Spending Review (CSR) which is scheduled for later this year. It says it believes generic financial advice “is the key to delivering a step change in financial capability among UK consumers”, and suggests any national approach should be developed to coincide with the introduction of personal accounts in 2012. And it says if a national generic advice network is to be successful the Thoresen Review should focus on fi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Fairstone refines buyout terms to focus on high-growth potential IFAs

Fairstone refines buyout terms to focus on high-growth potential IFAs

Updated DBO model to ‘support increased valuations’

Jenna Brown
clock 30 April 2025 • 2 min read
L&G drops fracture cover in critical illness and income protection overhaul

L&G drops fracture cover in critical illness and income protection overhaul

Increased pay out amounts

Jaskeet Briah
clock 29 April 2025 • 3 min read
Advisers could add 20 more clients annually with AI support

Advisers could add 20 more clients annually with AI support

Early adoption of artificial intelligence tools is boosting adviser efficiency

Sahar Nazir
clock 28 April 2025 • 2 min read