Financial advice sector lobby group PIMFA is urging the Government to maintain continuity for businesses and the framework they operate in, and avoid a cliff-edge Brexit.

"The opportunity to step back and rethink the Brexit process affords the chance to put individuals, and their financial interests, at the heart of policy development, which strengthens the possibility that Brexit decisions will be based on the principle of benefiting people’s lives," PIMFA said in its reaction statement to the defeat of Theresa May's proposed deal last night.

The Prime Minister’s intention to form an all-party committee to decide o...