Source · Select Committees · Financial Services Regulation Committee
Recommendation 57
57
Paragraph: 282
The need to address failures in the financial advice market is long overdue.
Conclusion
The need to address failures in the financial advice market is long overdue. The FCA must allocate resource to prioritise the delivery of the Advice Guidance Boundary Review. UK consumers require more support and the FCA has already taken five years to deliver these reforms. Any additional delay is unacceptable and will negatively impact on consumers.
Paragraph Reference:
282
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗