The FCA establishes a Financial Advice Working Group

20th June 2016 112 - Regulatory Updates

The FCA (Financial Conduct Authority) has established a Financial Advice Working Group. This is in response to the recommendations of the Financial Advice Market Review (FAMR) report that was published in March 2016.

The Working Group will take forward the three recommendations assigned to it by FAMR and includes a selection of consumer and industry experts from the FAMR Expert Advisory Panel, the Financial Services Consumer Panel, the FCA Smaller Business Practitioner Panel and the FCA Practitioner Panel.

Its members have been selected on the basis of their expertise and interest in advice and guidance and also their ability to attend meetings and contribute to its work. They will act in a personal capacity rather than represent the views of their firm or organisation.

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