Source · Select Committees · Treasury Committee

Second Report - Edinburgh Reforms One Year On: Has Anything Changed?

Treasury Committee HC 221 Published 8 December 2023
Report Status
Government responded
Conclusions & Recommendations
18 items (3 recs)
Government Response
AI assessment · 9 of 18 classified
Accepted 1
Not Addressed 2
Rejected 6
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Recommendations

1 result
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 … Read more
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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