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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date