Displaying items by tag: Advice
ABI says personalised guidance will boost decision making
New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.
FCA halts work on simplified advice regime
Cheaper and simpler advice regime planned by FCA
The FCA is set to open the door to regulated 'simplified' financial advice to make advice cheaper and more accessible.
2 in 3 couples get no retirement planning advice
Nearly two out of three over-55s couples have never had retirement planning advice, according to a new survey.
FCA criticises quality of pension transfer advice as it launches review
Many advisers are failing to provide pension transfer advice of an "acceptable standard" says the FCA which is to scrutinise the harm to consumers from advisers who levy ‘excessive fees and charges.’
FCA receives 546 error reports from MiFID II firms
A total of 546 firms have admitted making errors in their MiFID II transaction reporting to the FCA since the new regime began two years ago, according to a study out today.