As part of its consumer investment strategy, the Financial Conduct Authority (FCA) has set out proposals to improve people’s access to financial advice.
The proposals aim to create a separate, simplified financial advice regime, making it cheaper and easier for firms to advise consumers about certain mainstream investments within stocks and shares ISAs.
The watchdog’s recent Financial Lives survey found 4.2 million people in the UK hold more than £10,000 in cash and are open to inves...
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