Tuesday 12 July 2016
Will the FAMR proposals close the advice gap?
Lansons co-hosted a breakfast debate with the Financial Services Forum on the Financial Advice Market Review (FAMR). With a great panel line-up:
- David Geale, Director of Policy, Financial Conduct Authority
- James Dunne, Head of Investment Platform, Wealth Management & Private Banking, Santander UK
- Roy McLoughlin, Partner, Master Adviser
- Tony Langham, Chief Executive, Lansons (Chair)
Politicians, regulators and the industry agree that there is an advice gap. The Financial Advice Market Review, held jointly by HM Treasury and the FCA, built on changes made to the financial advice industry brought about by the RDR, and looked at how to make financial advice work better for consumers. The final report was published earlier this year and can be accessed here. While the review itself is over, the industry, policy makers and regulators need to work together to take the recommendations forward. At this event we bring together a panel of experts to focus on whether the final FAMR recommendations will really address the advice gap.