Financial Advice Market Review – final report
News

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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© Farrer & Co LLP, April 2016