Government opens consultation on amending definition of financial advice

clock • 3 min read

The government has opened its consultation on amending the UK definition of financial advice to give firms "the confidence to develop better and more tailored guidance services to help customers make informed financial decisions".

The consultation document, which was published today, sets out the background to the issue and seeks views on the potential costs and benefits of the change as well as the associated risks. The ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Legal Review: Recovering overpayments – dealing with complaints

Legal Review: Recovering overpayments – dealing with complaints

Faye Jarvis sets out four ‘guiding principles’ for trustees tasked with recovering overpayments

Faye Jarvis
clock 24 July 2024 • 4 min read
How the Pensions Policy Institute could support a pensions commission

How the Pensions Policy Institute could support a pensions commission

PPI could ensure access to unbiased evidence and data to support policymaker decisions

Jonathan Stapleton
clock 23 July 2024 • 1 min read
Most schemes favour introduction of tax incentives for UK growth

Most schemes favour introduction of tax incentives for UK growth

XPS poll finds most schemes think government should drive UK investment with tax incentives

Jasmine Urquhart
clock 23 July 2024 • 1 min read
Trustpilot