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HM Treasury (HMT)and the Financial Conduct Authority (FCA) recently published the final report of the Financial Advice Market Review (FAMR).  The aim of FAMR is to support the development of a market which "provides affordable and accessible financial advice and guidance for everyone, at all stages in their lives". FAMR found that, at the moment, there is a significant proportion of the population that would benefit from advice that is not currently receiving it.  This has been called the “advice gap”.

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If you require further information on anything covered in this briefing please contact Grania Baird ([email protected]; or your usual contact at the firm on 020 3375 7000.

This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.

© Farrer & Co LLP, April 2016

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