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 Treasury launches major financial advice review

The Treasury has launched a major review looking at how financial advice could work better for consumers, which will consider options for ensuring individuals have access to high quality, affordable, tailored advice and guidance to help them make informed financial decisions say Harris & Co chartered accountants Northampton.

The review will consult in Autumn 2015 and report ahead of Budget 2016.  It will consider all types of retail financial products including pensions, savings, mortgages, and insurance, and will look at the ‘advice gap’ for those people who do not have significant wealth.

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