FCA prepare for “Financial Advice Shakeup” as only 9% of the UK population received regulated advice last year!
FCA prepare for “Financial Advice Shakeup” The UK’s financial advice landscape is widely seen as needing significant reform due to a combination of factors creating an “advice gap,” leaving many consumers vulnerable or underserved. Here’s a breakdown of the key reasons driving the call for a shakeup: 1. **The Massive “Advice Gap”:*** **The Core Problem:** […]