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ABI Response to Financial Advice Market review

Commenting on the Financial Advice Market Review published today by the FCA and HMT, Hugh Savill, Director of Regulation at the Association of British Insurers (ABI) said:

“We are pleased that the Financial Advice Market Review makes recommendations similar to the package of measures the ABI proposed, to improve consumer access to financial advice and guidance.  Hugh Savill

“Consumers should benefit from innovation in robo-advice and the Pensions Dashboard, which HMT and the FCA should play a key role in driving forward jointly with the industry. We look forward to working with HMT and the FCA to progress these proposals and await further details in the Public Financial Guidance response.”

Last updated 01/07/2016