Source · Select Committees · Treasury Committee
Second Report - Edinburgh Reforms One Year On: Has Anything Changed?
Treasury Committee
HC 221
Published 8 December 2023
Recommendations
15
Accepted
Para 56
Prioritise financial services reforms that boost economic growth and protect consumers.
Recommendation
The Treasury’s priorities in its financial services reform plan should be reforms that will make the most difference to the UK’s economic growth, and reforms that prevent harm to consumers and businesses, making sure they are provided with well-designed, suitable …
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Government Response Summary
The government implicitly accepts the need for reforms that promote growth and protect consumers, claiming the current wide-ranging package is already achieving this. They cite the Advice Guidance Boundary Review consultation as a significant step towards ensuring consumers receive affordable financial advice.
HM Treasury
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