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Financial Advice Market Review – final report

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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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About the authors

Grania Baird banking lawyer

Grania Baird

Partner

Grania leads the financial services regulatory and funds practice at Farrer & Co. She has over 20 years of experience acting for clients across the sector, including private banks, wealth managers, asset managers and, more recently, payment services firms and Fintech businesses.

Grania leads the financial services regulatory and funds practice at Farrer & Co. She has over 20 years of experience acting for clients across the sector, including private banks, wealth managers, asset managers and, more recently, payment services firms and Fintech businesses.

Email Grania +44 (0)20 3375 7443

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