What will simplified advice mean for the profession?
from FT Adviser
The FCA has set out proposals for simplified advice to make it cheaper and easier for firms to advise consumers about certain mainstream investments within stocks and shares Isas. But will these proposals work, and which firms are likely to offer simplified advice? This week FTAdviser news editor Amy Austin is joined by Prakash Chandramohan, strategic policy director at Tisa, Heather Hopkins, managing director of NextWealth, and Chet Velani, managing director of EV, to find out. They discuss whether simplified advice will simply allow banks to push their Isa products, whether it is worthwhile for advisers to consider offering simplified advice, and what an adviser would have to do to make a success of it. The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.
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