Redrawing the blurred boundary between guidance and advice

Does the goal line between guidance and advice need rethinking to help members?

clock • 9 min read
The boundary between advice and guidance is blurred
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The boundary between advice and guidance is blurred

Stephanie Hawthorne reports on the state of play of an Financial Conduct Authority (FCA)/HM Treasury review and looks at views on the boundary between guidance and advice from around the industry.

In the UK, there was a time when retirement took care of itself. It was normal to work, retire and then receive the state pension and a final salary pension. "That normality simply doesn't exist fo...

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