Commentary

Shake-up of financial advice rules could trigger more wealth deals

If clients can accept more impersonal support, the FCA’s plans will transform the market

NEW Whighton illo
NEW Whighton illo Photo: Getty Images, FN Staff

David Wighton is a columnist at Financial News

It might be a bit of an exaggeration to say the proposed changes to the regulation of financial advice will have as big an impact on the industry as the Retail Distribution Review did a decade ago. But only a bit.

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