FCA halts simplified advice plans amid lack of industry support ftadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ftadviser.com Daily Mail and Mail on Sunday newspapers.
<h2>Highlights</h2>
<ul>
<li>The FCA wants to ensure we have a healthy and successful consumer investment sector in which firms can thrive and consumers can make informed choices about financial products and services.</li>
<li>We are committed to a regulatory approach that supports streamlined advice models. Following the closure of our consultation on our core investment advice regime (CP22/24), we are considering the best way to take forward any simplified advice regime as well as the timeline for doing so.</li>
<li>We, alongside the Treasury, are keen to ensure that the advice guidance boundary review is genuinely holistic. It is imperative we get the review right – something that will inevitably take time.</li>
</ul>
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