Chet Velani

1 week ago | moneymarketing.co.uk | Chet Velani |Dan Cooper |Lyndon White

When we talk about improving financial resilience in the UK, the focus is often on solving the advice gap and making regulated financial advice more accessible. The Financial Conduct Authority’s advice guidance boundary review aims to address this, including the proposed introduction of targeted support, which would fill the gap between regulated advice and generic guidance. Currently, there’s a regulatory grey area here, and many providers are wary of overstepping the line.